Apella Resources Inc.

Focused on prime exploration projects in North America. World-Class Vanadium Development

Valuation Method:

Percentage of in SITU Metal Value

- 1% rule of thumb for base metal deposits

-say they have 10 billion lbs of vanadium which is very possible X $7.40/lb

-= $74 billion x 1% = $ 740 million

- $740 million divided 114 million shares = $ 6.49 .

I say the share price is very undervalued.

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Danno13
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Apella Resources Inc.
Symbol
APA
Exchange
TSX-V
Shares
175,927,452 F/D June 28/2011
Industry
Metals & Minerals
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