06:36:05 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



VR Resources Ltd
Symbol VRR
Shares Issued 57,710,974
Close 2019-12-09 C$ 0.315
Market Cap C$ 18,178,957
Recent Sedar Documents

Int'l Speculator refreshes VR Resources buy

2019-12-09 20:41 ET - In the News

The International Speculator, in its Nov. 22, 2019, issue, refreshes its buy of VR Resources Ltd. (recently 27.5 cents), officially, "buy up to 30 cents." The newsletter said buy on July 24, 2019, at 13.5 cents. Assuming an investment of $1,000, the holding is worth a healthy $2,017. The writer says that VR Resources could result in 1,000-per-cent gains -- "maybe even much higher." He explains that the company could have a massive new copper and, perhaps, gold discovery, at its Ranoke project in Ontario. VR also boasts two shots at encouraging new discoveries in mining-friendly Nevada. One, the Bonita project, has hot springs running through it, which the writer says is a good geological sign since hot water (hydrothermal) is essential in concentrating metals such as gold and copper. Part of the Bonita project is Copper Queen, where green copper rocks, called malachite, are visible. The writer is also keen on VR's Big Ten gold project in central Nevada, near Kinross Gold Corp.'s Round Mountain gold mine. He adds, however, that Ranoke remains VR's most exciting chance at a huge discovery. He believes that the company is now at a "critical time" for the Ranoke project, with drilling at the site just under way.

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