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Monday, 03/22/2021 8:19:54 AM

Monday, March 22, 2021 8:19:54 AM

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With this one under the radar and very few people watching only 8 on Stocktwits after this weekends coverage by OTCTIPREPORTER first day of coverage and this morning first day of trading since they started coverage the number of people knowing about this versus Friday has gone up quite a bit. We will see in the next few days if this is in play or if the insiders have something else in mind.

See short report.

https://www.otcshortreport.com/company/VRCFF

Coverage from many sites this weekend.

Breaking News!!! VRCFF Has Acquired a Lithium Project That’s Just

Miles Away From Tesla's Very Own Gigafactory in Nevada.

Dear Fellow Trader,

Immediately turn your attention to Victory Resources Corp (VRCFF)

https://www.otctipreporter.com/

VRCFF has several major developments in the pipeline and their latest big news, the company has acquired a Lithium Project that’s just miles away from Tesla's very own Gigafactory in Sparks, NV.

VRCFF has several bullish catalysts on the horizon, we just discovered there is a Major Short Interest on the stock.

Shares of VRCFF were shorted at a staggering rate, of the 41MIL shares that were traded on Thursday, over 26MIL shares were short…

...I’m sure you remember what happened with GameStop when the crew over at WallStreetBets and the Reddit Alumni held onto their positions and bought more shares...Squeezing the Shorts and sending the shares of (GME) through the roof!

You need to follow me here…

Of the 41MIL+ shares that were traded on Thursday… over 26MIL+ were short…

A Staggering +64.07% of the volume was on the short side of VRCFF!


VRCFF Next Potential “Short Squeeze” Could

Trigger +535.06% Breakout Again?

VRCFF could be setting up for another +535.06% Massive Gain like it did on Thursday… We have detected a potential “short squeeze” in the making.

...And as you know Short Squeeze is a situation that happens when a stock that is heavily shorted all of a sudden gets positive news or some kind of catalyst which brings a lot of new buyers into the stock.

When this happens, the stock is being bought up and the shorts are now forced to cover their positions (getting squeezed out), which then results in more buying that can cause a stock to go up very quickly and by a lot.

A Short Squeeze could be a Major Catalyst for VRCFF and send Shares Soaring...

Now it might not happen on Monday, but sometime in the very near future, those shorts will have to cover… And this could potentially send shares of VRCFF Flying to New Highs...You need to be ready on Monday morning.

You see, shares of VRCFF recently broke-out running up +535.06% in a single day when the news broke about their Lithium Project acquisition, but this could be just the tip of the iceberg.

Keep reading to see why I am so excited about VRCFF and it’s heart pounding potential for your portfolio.

Victory Resources Corporation, is a publicly traded junior international mining company with interests in North America. The company is actively investigating multiple Lithium, Copper, Silver and other precious metal projects. Victory Resources is dual-listed on the OTC under (OTC: VRCFF) and the Canadian Securities Exchange under the symbol (CSE: VR).

The company is currently developing its existing projects including its recently optioned Loner property in Nevada adjacent to Goldbanks, its British Columbia Mal-Wen property and its recently acquired properties, Hammond Reef South in Ontario.

VRCFF is actively investigating multiple Lithium, Copper, Silver and other precious metal projects.

Lithium supply has become a top priority for technology companies in the United States and Asia. Strategic alliances and joint ventures among technology companies and exploration companies continued to be established to ensure a reliable, diversified supply of lithium for battery suppliers and vehicle manufacturers.

Lithium and Copper demand is being driven by the adoption and growth of electric vehicles, smartphones and energy storage systems. The annual lithium-ion battery demand is literally off of the charts through 2030 as you can see from the chart below.


Lithium Prices Soar As Tesla, Apple And

Google Fight For Supply...

The electric vehicle (EV) revolution is gaining serious momentum.

According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026.

The extraordinary demand that is forecast for EVs over the next five years has now begun to trigger a massive disruption in the global energy markets.


As demand for EVs continues to move higher, the demand for lithium – the critical component needed for the batteries that power all those EVs – is also projected to climb higher.

According to Roskill Information Services, “lithium chemical demand from end-use sectors is expected to increase year-on-year to around 280,000 tonnes lithium carbonate equivalent.”

These projections have already begun to have a profound impact on the price of lithium in the marketplace.

Lithium prices declined from 2018 through the end of 2020, but since December 2020 the price of lithium has soared 71.24% – and could be poised to climb even higher.


Most electric vehicles are powered by lithium-based batteries and it’s likely that demand for the material will rise as EV adoption grows.

Copper is used throughout electric vehicles, charging stations and supporting infrastructure because of the metal’s durability, high conductivity and efficiency.

By 2030, EVs will need 2,700 GWh worth of lithium-ion batteries a year. For perspective, that’s equivalent to 225BIL iPhone 11 batteries—and 13X more battery power than we use today.

Now, lithium batteries are made of a number of materials and chemical compounds. And their composition varies based on technology. I’m not a chemist, but I can tell you one thing: no lithium-ion battery can be made, well, without lithium.

It’s the lightest metal on earth and the key component of today’s rechargeable batteries...And obviously, as demand for batteries grows, so will demand for lithium...In fact, UBS analysts estimated that the lithium market will grow 8X by 2030.

?Problem is, where will we get all this lithium?

Victory Resources Corp (VRCFF) May Have The Answer

With Lithium Projects in the Works?


Recently IPO’d

Victory Resources Corporation (VRCFF) has several projects in play where they are investigating multiple Lithium, Copper, Silver and other precious metal projects in regions historically known to be major producers.

The company is currently developing its existing projects including its recently optioned Loner property in Nevada adjacent to Goldbanks, its recently acquired properties, Hammond Reef South in Ontario adjoining Agnico Eagle’s Hammond Reef mine, and Lac Simard in Quebec within 20 kilometers of three operating gold mines including Agnico Eagle’s Goldex, Canadian Malartic mines and Eldorado Gold’s Lamaque mine.

Mining companies adopted a more conservative approach after the 2015-16 market downturn to adjust to more volatile commodity prices, focusing on cost cutting, productivity and expanding liquidity says a new report by Moody’s Investor Service, a ratings agency.

Moody’s says earnings for the 130 rated issuers in the industry have improved since the mid-decade downturn, with EBITDA for 12 months through September 2020 totaling $230BIL, the third-largest among the global sectors, after oil & gas and pharmaceuticals.

The once beaten down mining industry is seeing a flurry of indications that the sector is headed for an upward swing. Driven by efforts to move toward a low carbon economy, combined with pro-mining legislation are causing excitement within the industry, promising long awaited growth in many sectors.

A number of factors are creating optimism within the industry, especially the demand for Lithium and Copper.

Recent Company Headlines

March 18, 2021

Victory Acquires Smokey Lithium Project In Nevada

Project in Prime Region for Lithium Clay Deposits - Surrounding Deposits Include Noram, Cypress, American Lithium.

The Smokey clay lithium project lies approximately 20 miles north of Clayton Valley, and 20 miles west of American Lithium's flagship lithium project.

March 10, 2021

Drill Operations Set to Initiate Loner Property in Nevada

Crew and Equipment Mobilized for 500m Short-Hole Drill Program

Victory Resources is currently mobilizing its crew and equipment to the Loner Property to begin a 500m drill program. The geologist will be on site spotting holes and surveying sections beginning March 10th. It is expected the drill will be readied for drilling on the property the week of March 15th. Barring weather related delays, the drilling should be completed around mid-April.

March 8, 2021

Victory Resources Announces Closing of Financing

The Company intends to use the proceeds for general working capital, acquisitions and work programs on the Company's existing exploration properties in Nevada and British Columbia, and any additional properties the Company may acquire.

February 26, 2021

Victory Resources Corp. Ready to Launch Gold Drilling

Program on Promising Nevada Property

The company’s planned drilling program is expected to begin next month (March 2021), weather permitting, now that Victory Resources has received the much-anticipated drilling permit for the project from the Nevada State Office of the Bureau of Land Management giving Victory Resources the go-ahead as announced this week.

According to Victory Resource’s Director and VP of Exploration, David R. Deering, P.Eng., the first pass drilling program at the Loner Property will consist of 7 to 10 diamond drill holes totaling 500 meters, and it will be used to confirm intersections of gold-bearing quartz veins that correlate with historical underground mining and mapped surficial gold occurrences.

February 25, 2021

Victory Receives Drill Permit for Loner Property in Nevada

Company Advances Toward 500m Short-Hole Drill Program

Victory is pleased to announce that the Bureau of Land Management (BLM), Nevada State Office (NSO) has received and approved surface reclamation bond NVN100216 for the Loner Property Project, located in North Central Nevada, permitting the Company's 500m short hole drill program.

"The first pass drilling program at Loner Property is intended to confirm intersections of gold-bearing quartz vein that correlates with historical underground mining and mapped surficial gold occurrences. It is anticipated the drill program will demonstrate broader mineralization across the width and depth of the occurrence which remains open in all directions" stated Mr. David R. Deering, P.Eng., VP Exploration, and a Director of Victory Resources.

February 17, 2021

Victory Resources Applies for Drill Permit

for Mal-Wen BC Property

The Company intends to carry out an IP Survey followed by 1000+m drill program

Victory is pleased to provide an update on its progress with its Mal-Wen property in British Columbia. Victory has applied for a permit to carry out an IP survey followed by a 1000+ m drill program. Victory is exploring for an alkalic porphyry deposit on its Mal-Wen property about 30 km southeast of Merritt. The application covers the area of a magnetic domain bounding lineament interpreted by Victory to be a significant fault linking the Mal and Wen Prospects. This area is entirely covered by glaciolacustrine silts and till. Once the IP survey is completed, an inversion will be done on the data and any suitable targets will be drilled. Depending on the permit timing, Victory hopes to carry out the IP survey in late spring and drill the targets generated during summer.

VRCFF Is Led By An Experienced Management Team Who Knows

How To Raise Capital And Strategically Deploy Resources...

DAVID LANE—PRESIDENT

Mr. David Lane has over 35 years of experience as a startup specialist with a keen eye for strategic direction and raising capital. Mr. Lane has ample experience in senior management positions across multiple industries including oil and gas, major sports, financial services and health pharmaceutical. His roles have included, but were not limited to, Management, Ownership, Operations, Marketing and Corporate Finance positions within both the public and private sectors. Mr. Lane is currently President and CEO of Victory Resources. Before that, he was President and CEO of Quikflo Health Inc., which eventually became Friday Night Inc. and then 1933 Industries Inc., in the medicinal marijuana sector. Prior to Quikflo, Mr. Lane was President and CEO of M-Pharmaceutical, which focused on a biomedical device for the self-monitoring of glucose levels as it related to diabetes.

GLEN HARDER—DIRECTOR

Glen Harder is the principal of Harder & Company, a Vancouver-based, boutique venture capital, corporate finance and securities law firm. He advises local and international clients on information technology, biotechnology, mining, the emerging cannabis industry, virtual currency, public and private capital raising and other matters. He advises clients on SaaS, PaaS, IaaS contracts and applications, assists with the formation and evaluation of Cloud Service Agreement models and assists clients in minimizing related contractual disputes. He also acts as a director, officer and special committee member of assorted publicly traded and private companies.

ALLAN LEVIEN—DIRECTOR

Allan Levien has been the owner and operator of full-service hotels since 1980. From 2006 to 2015 he served as the President, CFO and Director of Supreme Resources. Levien currently operates as a Director at Victory Resources.

TATIANA KOVALEVA—CHIEF FINANCIAL OFFICER

Presently, Tatiana Kovaleva is Chief Financial Officer at Glenbriar Technologies, Inc., Chief Financial Officer for Codebase Ventures, Inc., and Chief Financial Officer of Victory Resources Corp. Kovaleva previously served as Chief Financial Officer at The Supreme Cannabis Co. Inc., Chief Financial Officer at Callitas Health Inc. and Treasurer for Park Place Energy Corp.

David Deering, B.Sc. Mining Engineering—VP Exploration and Director

Mr. Deering achieved his B.Sc. degree in Mining Engineering – Colorado School of Mines, Golden, Colorado) and has had extensive management experience in the mineral exploration industry strategic planning, budgeting, logistics and technical evaluation. Independent consultant for mine development: property acquisition, geology, evaluation of mineral deposits, mining, metallurgy and environmental assessment.

Let’s Take a Look at Some Potential Catalysts That

Could Drive VRCFF Higher in the Near Term...

Potential Catalyst #1: Victory Resources just announced that they were acquiring the Smokey Lithium Project In Nevada and shares shot up +535.06% in a single day--Indicating that investors see massive growth potential for this acquisition.

Potential Catalyst #2: The electric vehicle revolution is gaining serious momentum. According to recent projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate until 2026. Most electric vehicles are powered by lithium-based batteries and it’s likely that demand for the material will rise as EV adoption grows.

Potential Catalyst #3: Electric Vehicles require up to 10 times more copper per vehicle. Experts believe that more than 20 million EV charging stations will be required by 2030, which will require 250 percent more copper in comparison to 2019. In North America, the market for EV infrastructure is expected to top US $18.6 billion by 2030. This alone could prove to be a major catalyst for Victory Resources as their Mal-Wen Project, which comprises seven claims spanning an area of 1,205.97 hectares.

Potential Catalyst #4: The demand for Lithium is fueling even more advancements than originally thought. Recently IPO’d “EV Battery Maker” QuantumScape is now valued over $21.84B, despite having no product or revenue as of yet (and no expectation that it will until 2024). VW has invested more than $300M in the company and has created a joint venture with QuantumScape to manufacture the batteries. All of this is only made possible because of the Lithium that needs to be minded out of the ground. There is a massive potential here for Victory Resources Corporation as they cut their teeth in the Lithium.

Potential Catalyst #5: VRCFF is led by a very experienced management team who understands how to raise capital and put it to work in the most effective way. Mr. David Lane has over 35 years of experience as a startup specialist with a keen eye for strategic direction and raising capital. Mr. Lane has ample experience in senior management positions across multiple industries including oil and gas, major sports, financial services and health pharmaceutical. Recent Appointment of Mining Engineer, Mr. David Deering, to Its Board and to the Role of VP Exploration could prove to be a major catalyst. David Deering has extensive management experience in the mineral exploration industry strategic planning, budgeting, logistics and technical evaluation.

Potential Catalyst #6: Victory Resources is a very small company. As of this writing, Yahoo Finance says their market cap is only around $7.7M. The day that VRCFF announced their acquisition of the Lithium Project, shares shot up an incredible +535.06%. This company appears to be making the right moves to position themselves where they could experience explosive growth and drive serious shareholder value. The Electric Vehicle Industry's demand for Lithium and Copper alone could position Victory Resources for significant growth.

Potential Catalyst #7: With the High Short Interest that we just discovered on VRCFF, over +26M shares short, nearly 65% of Thursdays trading volume, these “Shorts” will have to cover their positions at some point. This could be your chance to get in early before a potential Massive Short Squeeze ensues sending the share price soaring as short traders try to buy back the shares necessary to close out their short positions.

You need to hurry and pull up VRCFF and start your research and due diligence

Shares of VRCFF just popped +535.06% in a single day, turning a $2,000 position into over $10,000 in less than a few hours...And I don’t know anyone that would want to miss out on a move like that.

This potential Short Squeeze in VRCFF could send shares soaring like what happened to GameStop when WallStreetBets and the Reddit Alumni banded together.

You will not want to miss out on VRCFF if it breaks out and makes another +535.06% move.

I am urging all of my members to add VRCFF to the top of their watch list right now, and be ready this morning at the opening bell!

Regards,

Editor In Chief, OTCtipReporter Investment Research