Andrew O’Donnell of Supercharged Stocks says it’s important for investors to consider what they’re looking for in a vanadium company.
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.”
China is the dominant producer of vanadium by far, and O’Donnell said to him that indicates there could be a bright future outside the Asian nation. “We’re just getting used to it now … you know, opening up the envelope to it. So that’s what I like is that it’s got a longer story.”
Watch the interview above for more from O’Donnell on other sectors and jurisdictions he’s watching right now. You can also click here to view our full playlist from the conference on YouTube.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: VanadiumCorp Resource is a client of the Investing News Network. This article is not paid-for content.
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.