Saturday, February 18, 2012

Vantex Resources Ltd. - V.VAX

Many eyes have been following this little gold explorer since Rob McEwen bought in.
From the Stockhouse BullBoard the following post illustrates this:
.20!! Rob McEwen is in at higher prices!!

"he owns over 10% and the insiders have been loading the boat. I know from following rob's picks in the past how he does in the gold patch. The guy is a legend and every company that he has been involved in has gone up at least at some point since I have been following them. Jmho Rory

Rob did a pp at .25 and now insiders at .20. I think it's a screaming buy here!"

Vantex Resources Incorporated is a junior gold exploration company focused on the prolific gold producing province of Quebec. For the last ten years Quebec has been voted one of the top ten places in the world for mining exploration by the Fraser Institute. 
In 2007/2008, 2008/2009 and 2009/2010 it was voted the number one place in the world for mining and exploration by mining executives.
Vantex Resource's primary project is the Galloway gold project. The Galloway project comprises over 2488 hectares, 
63 claims and 3 mining concessions. It is located along and just north of the Cadillac- Lader Lake Break in the Dasserat Township, Abitibi district of Quebec. The claims lie between the Noranda camp which has produced 18 million oz gold, and the 11-million oz former Kerr Addison Mine at Virginiatown, Ontario. The property can be accessed by road, from Trans-Canada Highway 117 and is 30 kilometers west of Rouyn-Noranda and 65 kilometers east of Kirkland Lake; two mining towns where a skilled labor force and all mining services are available. The property also has easy access to power lines and a railway line which runs just north of the property. 
The Cadillac-Lader Lake Break is a major fault system that extends from Kirkland Lake, Ontario to east of Val d' Or, Quebec. It is a fault system that host more than 100 mines and significant gold prospects. This exceptional structure, productive over some 200 km, has over the past nine decades yielded and hosts an aggregate of more than 100 million oz gold. 

The company is focusing on its 3 main gold showings. The Galloway/Pitchviewn (GP), Hendrick and Moriss showings, which are located on the Hurd and Perron claim blocks. These 3 gold showings, referred to as the golden triangle, are in close geographic proximity to each other and as group have potential to be linked together to form a significant gold resource. 


Lately the company's stock has been trading between 10-15c.
I agree with the above blogger that at this price it is "a screaming buy."


    ---the stockwrestler


Stockhouse linkhttp://www.stockhouse.com/FinancialTools/sn_overview.aspx?qm_symbol=V.VAX&table=LIST

Website: http://www.vantexressources.com/s/Home.asp







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