PCY owns about 40% of NKL shares...
PCY closed at $0.72 cents today and NKL at $3.52. July20/11.
"A lithium battery only lasts 3-5 years before it has to be replaced. A vanadium battery can be charged and discharged over 35,000 times, giving it a lifespan of over 35 years.
Vanadium can also charge and discharge simultaneously, can release energy instantly, and is ideal for both transportation grid applications.
In other words, it's the new holy grail of battery materials.
Look at what industry insiders are saying:
Without a doubt, vanadium is growing into one of the world's most important metals about which no one has ever heard."
So… YES the NKL Titan deposit has VANADIUM …further drilling reports will only give more so, got to hand it to CEO.. John Lee as he is one Crafty fellow. Stay tuned.
There is an interesting post at SH by BaronVonMike.
A Nick Hodge article re the vanadium battery poised to take over from the lithium battery - 35,000 recharge cycles compared to only 300 for lithium.
Okay ... I found it interesting. Titan is VANADIUM ...
(analogueman)
