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VR Resources Ltd
Symbol VRR
Shares Issued 90,145,692
Close 2022-09-08 C$ 0.14
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Super Spike Advisory upgrades VR Resources to "buy"

2022-09-08 19:51 ET - In the News

Super Spike Advisory, the renamed International Speculator, in its Aug. 24, 2022, edition, upgrades VR Resources Ltd. (recently 17 cents) to "buy" from "hold," officially, Buy up to 20 cents. The newsletter said buy four times between July 24, 2019, and Nov. 25, 2021, at prices ranging from 13.5 cents to 30 cents. Assuming an investment of $1,000 for each of the four buys, the $4,000 holding is worth $2,979. The writer says that VR Resources drilled a rich rare earth elements (REE) hole at its Hecla-Kilmer project in Ontario. The leading result is 1 per cent of REE over 243 metres. That is an impressive hole, he says -- both high grade and wide. Plus, it is in mining-friendly Canada. The writer contends it is one of the best recently reported REE drill holes worldwide. Geopolitically, it carries strong values of metals used in high-tech magnets and wind turbines. These are on the list of critical elements by the state. VR can play a vital role in securing domestic supply of rare earth elements. This will directly lead to the state's support and market attention. The writer cautions that Hecla-Kilmer is still in its early stage. It requires more fieldwork to prove the grades and size of the deposit, which VR is now doing.

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