Australian (ASX) Stock Market Forum

springhill

Make the drill work for YOU
Joined
20 June 2007
Posts
2,555
Reactions
11
Voyager Resources is a spec toiling away in Mongolia and has hit some spectacular grades recently, including,
3m @ 50.59g/t Au, 4.0% Cu and 31.3g/t Ag from 6m
9m @ 10.45g/t Au, 0.8% Cu and 16.8g/t Ag from 11m
9m @ 10.40g/t Au, 0.9% Cu and 14.3g/t Ag from 10m
4m @ 6.66g/t Au, o.6% Cu and 6.75g/t Ag from 2m

Holes were drilled between 93-150m depth, so does not seem to be much below the surface mineralisation. Though probing further along strike may turn up comparable grades at depth, possibly defining an ore body.... possibly not.

MC $8m
Current SP 1.3c
Shares on Issue 605m
Options 302m
12 mth High/Low 4c/1c
Cash at Hand $2.3m
Expenses this Quarter $600k
 
Re: VOR - Voyager Resources

Anybody got intel on this company ?

I cant resist the economics of Mongolia vs Australia. The easy rail (or even truck) transport to China makes for a huge profit per pound by comparison with the Shipping from Aussie Ports.

All you need is a big ass JORC :)
 
Re: VOR - Voyager Resources

What a difference a few months make for this one! I came so close to buying in at 3.5c back in about October, and now look at it! 12.5c and rising... one to watch and buy when it eases off, potentially. Buyers outnumber sellers 10-1 at the moment.
Could be worth while looking at for anybody who hasn't come across it.
 
Re: VOR - Voyager Resources

What a difference a few months make for this one! I came so close to buying in at 3.5c back in about October, and now look at it! 12.5c and rising... one to watch and buy when it eases off, potentially. Buyers outnumber sellers 10-1 at the moment.
Could be worth while looking at for anybody who hasn't come across it.

VOR were tipped in ASCI last week which accounts for the massive buy side - most of these will be sitting at the recommended buy price of 8.5c. I bought at 11c after only just missing the open (9.2c) the day after they were tipped:banghead:

Drill results are due out shortly I believe - hopefully they'll get that bigass JORC:D;)
 
Re: VOR - Voyager Resources

29% rise today to .044 after a significant fall over the last few weeks. Like most small caps, they have not feared to well. Checked announcements and see an ASX speeding ticket, but no VOR knowledge of anything to drive the price. Interesting move to watch tomorrow.
 
Re: VOR - Voyager Resources

VOR is getting that 'accumulation look' about it (ie. alternating green/red candles, uptrend in daily volumes, controlled price rise, large number of cross trades).

I'm assuming the XT's are funds churning volume so as to draw in traders, with the idea of manipulating their stock away from them. Anyone have an alternative theory?

So I'm thinking buy at close of a red day, sell at open is the only way to play this.
 
Re: VOR - Voyager Resources

MC - $28m
SP - 2.1c
Shares - 1.34b
Options - NQ
Cash - $1.6m

JUNE QUARTERLY ACTIVITIES

- Fundraising completed through an underwritten non renounceable entitlement issue of 446,373,854 options at an issue price of 1 cent each to raise approximately $4.464 million before costs.
- The Company is now fully funded.
- A study aimed at reviewing the extensive drilling, geology and geophysical database generated at the Company's KM Project over the last 12 months was successfully completed.
- A number of high priority drill targets have been identified.
- The application for the mining license at the Company’s KM project has commenced.
- A ground magnetic survey was completed on the Company’s Daltiin Ovor Gold Project. A soil geochemistry programme has now commenced.
- A number of management changes including the appointment of Joe Burke as Chief Executive Officer.

KM Copper Project (Voyager 80%)
The results generated by Voyager at the KM Project have been highly encouraging. Over 50,000 meters of drilling has highlighted some of the most promising copper results in Mongolia since the discovery of giant Oyu Tolgoi copper deposit. These results and the recent study undertaken at the project, supports Voyager’s belief that the KM Project has the potential to host a significant copper porphyry system.


Daltiin Ovor Copper Gold Project (Voyager 80%)
Although little work has been completed on the project in the past 12 months, Ground Magnetics were recently undertaken and the Company has now commenced soil geochemistry across the project.

Khongor Copper Gold Project (Voyager 100%)
No further activity was undertaken at the Khongor Copper Gold Project during the quarter and the Company is currently assessing a number of options to further advance this project.
 

Attachments

  • vor_ax08feb12_to_14aug12.png
    vor_ax08feb12_to_14aug12.png
    12.8 KB · Views: 9
Re: VOR - Voyager Resources

I've got this one firmly on my watch list.

If it breaks above $0.030 on ultra high volume I anticipate a potentially big move. If it doesn't break then it simply comes off the watch list.

Very interested to see how this plays out.

VOR.jpg
 
Re: VOR - Voyager Resources

I've got this one firmly on my watch list.

If it breaks above $0.030 on ultra high volume I anticipate a potentially big move. If it doesn't break then it simply comes off the watch list.

Very interested to see how this plays out.

View attachment 48703

Hope you kept it on your watchlist and bought it. I did over the last 6 months at 1.6 avg and very pleased with a 138% rise yesterday and the likelihood of more to come from the 400 assays sent.

Copper shows is samples and formation similar to the massive Oyu Tolgoi deposit.

The T/A lads I am sure will have a comment regarding the massive volumes of over 380m yesterday and already 217m today. Up 138% yesterday and down 6.45% today so far.

Very surprised VOR has seemingly been totally missed on ASF.
 
Re: VOR - Voyager Resources

If your into Picking bottoms this is as safe as this chart will get in my view.
Stop would be .014 so low risk.
High reward/risk potential.

VOR.gif

Thought I might use this one as an example trade
If it plays out.
 
On December 4th, 2014, Voyager Resources Limited (VOR) changed its name and ASX code to The Carajas Copper Company Limited (CJC).
 
On February 7th, 2017, The Carajas Copper Company Limited (CJC) changed its name and ASX code to Valor Resources Limited (VAL).
 
Came up in the Risers today ..... Few recent name changes which is always a little disconcerting … however, the current fundamentals are interesting …… The current cash position is average with about a Million in the bank but todays rise is either a fakeout or a precursor to better things ….. I will consider taking a position in this if the price action remains positive and is followed by a sensible retracement
VAL July 2018.jpg
 
VAL has doubled in price during the first few months of 2021. Volume has also increased dramatically during that time. The share price jumped 25% today - from 0.008 to 0.01 - and I'm wondering if there may be some good news around the corner?

Lots of accumulation this year. This stock is a roughie for sure, but it's been heading in the right direction for the last 12 months. Something's got to give sooner or later, surely?

big.chart-VAL.gif
 
made it to 1c so it squeezes into the April comp !!

a roughie? what else can a couple of guys in Perth do during Covid?

the coming Quarter looks exciting
  • Continuing a desktop study on the Peruvian Copper-Silver Project
  • Complete reprocessing of the AEM survey at both Cluff Lake and Hook Lake (newly acquired from Pitchblende Energy Pty Ltd) projects in Athabasca, Canada, to better understand the geometry and extent of the EM targets
  • Undertake a review of all historical data at the Canadian projects
  • Finalise agreement with geological consultancy firm in Canada to undertake the planned programs for 2021
  • Complete the first phase of the 2021 programme in Canada
  • Complete permitting for Phase 2 summer ground work
 
clearly some support among those who ,,,, (!)

HIGHLIGHTS 15 April
SSR Mining Limited (SSR), vendor of the relinquished Berenguela Project, arranges special crossing sale for its shareholding of 247,288,034 Ordinary Fully Paid Shares
• Strong Support from Valor’s existing shareholders with the Company’s broker, Directors and existing Shareholders participating in the special crossing sale


And today
HIGHLIGHTS 20 April
60,000,000 Unlisted Options exercised at $0.0045 to raise $270,000.
• Airborne survey has been completed by Precision GeoSurveys Inc. over the Hook Lake Project.
• Data from the survey will assist with the preparation of the follow-up ground-based program to identify new targets along with follow-up work on historical grab samples from trenching that returned assays up to 63% U3O8.
• Permit applications are in progress for the upcoming ground-based work following up on historical data and the airborne survey just completed


now for the Quarterly cash
 
Top