SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy
VAX - Vantex Resources Ltd. - Company Website http://www.van
An SI Board Since January 2011
Posts SubjectMarks Bans Symbol
92 7 0 VAX
Emcee:  Rocket Red Type:  Moderated
Ex-GOLDCORP BOSS ROBERT MCEWEN holds over 12% of stock

ROBERT MCEWEN FILES EARLY WARNING REPORT IN CONNECTION WITH PRIVATE PLACEMENT IN VANTEX RESOURCES INC.

Robert McEwen has subscribed, by way of a private placement, for 560 flow-through units of Vantex Resources Inc. at a price of $1,250 per flow-through unit for an aggregate amount of $700,000. Each flow-through unit consists of 4,000 flow-through common shares and 1,000 common shares at a price of 25 cents per share. The shares purchased pursuant to the transaction represent approximately 7.4 per cent of the current number of outstanding shares of Vantex. The shares were issued from Vantex's treasury.

Mr. McEwen entered into the transaction for investment purposes and may increase or reduce his investment in Vantex according to market conditions or other relevant factors.

Upon completion of the transaction, Mr. McEwen will hold 5.8 million shares and 1.5 million warrants convertible into shares, for a total of 7.3 million shares of Vantex, representing approximately 12.78 per cent of Vantex's issued and outstanding shares.

A copy of the early warning report filed in connection with the transaction will be made available on SEDAR.

A non-compliant resource of 1.5 million ounces and a huge property that has many showings with historical drill holes of long low grade mineralization

New High Grade Discovery

In VPE10-11, the hole intersected two gold zones with one of the zones showing visible gold. The initial assay results returned grades of 8.21 g/t Au over 22.50 metres

Hole 19 has results coming out soon and has hit visual gold in many areas of core as per NR

(Drill hole VPE10-19 showed visible gold in many areas.)NR

37 MIL OS with latest PP brings it too 52 MIL in Mar 2011
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
92I'm out.Natedog11/20/2011
91Hole 19 ... market doesn't seem impressed: Vantex Intersects Five Gold ZoneTerry Maloney11/20/2011
90I was thinking of reposting that here, glad you saved me the trouble :)pocotrader-1/20/2011
89this was a very good post and worthy of duplication. stockhouse.comNatedog-1/19/2011
88Nate take a look At RGX I just took a small position at the end of the day when pocotrader-1/18/2011
87Some bids growing. Sellers appear to be done with driving it down.Natedog-1/18/2011
86ya. i see that. Final trades of the day low volume.Natedog-1/17/2011
85sellers crept in at the close low volume, someone keeping the SP down, same withpocotrader-1/17/2011
84Same thing for PAW although that's more a sure thingpocotrader-1/17/2011
83That's good. market has seen some decent holes so far. I'm content waitiNatedog-1/17/2011
82stock trading flat, sellers mostly gone, holders just waiting for newspocotrader-1/17/2011
81nice open on vax. last .51. Guess the worst is over. ;)Natedog-1/17/2011
80An old news release that says it all. marketwire.com Nov 19, 2010 16:27 ETVantNatedog11/16/2011
79Message 27036824Cheeky Kid-1/15/2011
78my old silver and the Bullion I have I will sell on Ebay when I think the time ipocotrader-1/15/2011
77no one will give you spot. They have to either resell it and have operating costNatedog-1/15/2011
76is that what they charge for commission?pocotrader-1/15/2011
75your only get .80% at coin shop for them.Natedog-1/15/2011
74I looked at some old Canadian dimes I had saved many years ago, added up to 51 pocotrader-1/15/2011
73Ever wondered what your old Canadian coins are worth? here's a formula and pocotrader-1/15/2011
72RR said he called them and no results yet so was that just cheap paper being solpocotrader-1/14/2011
71VAX support here. Huess the herd is done. Let see what next week brings and if tNatedog-1/14/2011
70Re. VAX, except for McEwen, who owns 5.8m shares and 1.5m warrants, other insideSultan-1/13/2011
69anyone who got spook andsold because I called the company in some broken ass freNatedog-1/13/2011
68lolRocket Red-1/13/2011
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):