Date: Feb 12, 2019
Interest in vanadium is running high, and investors interested in the space have an increasing number of companies to consider.
Speaking at the Vancouver Resource Investment Conference, Andrew O’Donnell, managing director of Supercharged Stocks, said it’s important for investors to consider what they want in a vanadium stock.
“There’s some companies out there that have very different strategies and different approaches, which is interesting,” he explained. “Whether you’re talking about VanadiumCorp Resource (TSXV:VRB,OTC Pink:APAFF) … or Prophecy Development (TSX:PCY,OTCQX:PRPCF) or First Vanadium (TSXV:FVAN,OTCQX:FVANF). All these companies are interesting for their own merits … it isn’t just kind of compare this one to this one, it’s that — what are you looking for?”
For O’Donnell, the vanadium market is intriguing in part because of its supply/demand dynamics. “Vanadium is one of those elements or minerals, metals that is on the 23 most crucial list that the US has,” he said, adding, “we don’t really produce any, and we’re in desperate need of it.”
