Wednesday, October 31, 2018 2:18:54 PM
I’m REALLY liking the look of the Vanadium market at the moment. Despite Largo Resources (LGORF; -1.98%) recent fluctuations in value, I think they could be one to watch going forward for sure and could be worth taking a second look at. First Vanadium Corp (FVAN; +7.92%) looks very good value right now too and will definitely be one I’m keeping my eye on.
Also thinking United Battery Metals (UBMCF; -0.39%) could be well set to meet the US demand for Vanadium with their Wray Mesa project in Colorado.
You can see the potential of this project when you look at some of the recent policy decisions in how the US will be looking to develop their own domestic resources. I recently came across a 43-101 that conservatively estimates that there are approximately 2.64 million pounds of vanadium in the area, which is definitely something I’m excited about looking ahead.
As well as that, there is a well-established infrastructure network in the area with access to a network of roads, water, electricity as well as a highly skilled workforce.
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