Wednesday, July 9, 2014

ASX:YRR Yellow rock resources has risen today by 20% on the back of a good investor presentation.
They mine Vanadium, and here's hoping they do well.
Under .02 cents!
"The company's assets include a JORC code resource of Ferro Vanadium at Gabanintha Western Australia and a JORC code Uranium at Nowthanna Western Australia as well as mining tenements located in the Northern Territory that are highly prospective for uranium.
World Class Vanadium resource - Assays from drilling campaigns carried out in July 2007 and March 2008 at Yellow Rock Resources Gabanintha Vanadium project have identified a world class deposit of approximately 125mt of Vanadiferous material in a Magnetite host (Magnetite, Titanium and Vanadium)."

Trying to decide the direction of the market?
Some specialists are saying it is overvalued by 10%,
that there is more trouble ahead,
and others are optimisitc.

I/we just dont know. We've heard it all before.

Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

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