Michel Lafrance - VVC Exploration Treasurer, Secretary and Director

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Stock . VVC Exploration . Stakeholders . Insider . Michel Lafrance
VVCVF Stock  USD 0.01  0  14.29%   

Director

Mr. Michel J. Lafrance is Treasurer Corporationrationrate Secretary and Director of VVC Exploration Corporationration He is a Geologist and a graduate of the University of Ottawa. He was the Secretary Treasurer of the Company since December 2002. He has also been with several publicly traded companies in the exploration business since 1979. He is currently the Secretary of Tandem Resources Ltd. and was in that position since 1985. Tandem was in the exploration of gold base metals uranium diamonds rubies in Ontario and Quebec. He is currently the Secretary Treasurer of Beaver Brook Antimony Mines Inc. which was until July 31 2005 a whollyowned subsidiary of the Company and was in that position sinceFebruary 2004. Beaver Brook owns a antimony mine in Newfoundland which it intends on restarting production once financing is secured since 2006.
Tenure 19 years
Phone416 619 5309
Webhttps://www.vvcexpl.com
Lafrance is responsible for Project Reviews, Regulatory and Environmental Compliance, Filings & Liasions with Exchanges and Regulators, Preparation of Public Disclosure Documents, etc. Other public companies include Rare Earth Resources Ltd., Vedron Ltd., Matt Berry Mines Limited, Frankfield Exploration, Monteagle Explorations Ltd., North American Rare Metals Limited, NAR Resources Ltd. .

VVC Exploration Management Efficiency

The company has return on total asset (ROA) of (2.0778) % which means that it has lost $2.0778 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (4.4211) %, meaning that it generated substantial loss on money invested by shareholders. VVC Exploration's management efficiency ratios could be used to measure how well VVC Exploration manages its routine affairs as well as how well it operates its assets and liabilities.
VVC Exploration has accumulated 1.6 M in total debt. VVC Exploration has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist VVC Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, VVC Exploration's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like VVC Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for VVC to invest in growth at high rates of return. When we think about VVC Exploration's use of debt, we should always consider it together with cash and equity.

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VVC Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of precious mineral resource properties in Mexico, the United States, and Canada. The company was incorporated in 1983 and is headquartered in Scarborough, Canada. Vvc Exloration is traded on OTC Exchange in the United States. VVC Exploration [VVCVF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Return On Equity-4.42
Return On Asset-2.08

VVC Exploration Leadership Team

Elected by the shareholders, the VVC Exploration's board of directors comprises two types of representatives: VVC Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VVC. The board's role is to monitor VVC Exploration's management team and ensure that shareholders' interests are well served. VVC Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, VVC Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michel Lafrance, Treasurer, Secretary and Director
PEng MBA, Consultant Operations
James Culver, CEO and President and Director
Nana Chen, Mining Projects
William Kerrigan, Chief Geologist
PFP CMA, Chief Officer
Charles Descary, Ma Relations

VVC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is VVC Exploration a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity-4.42
Return On Asset-2.08
Operating Margin(187.73) %
Current Valuation27.48 M
Shares Outstanding572.68 M
Shares Owned By Insiders4.94 %
Price To Book4,169 X
Price To Sales547.35 X
Revenue22.71 K
Gross Profit22.71 K

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Other Information on Investing in VVC OTC Stock

VVC Exploration financial ratios help investors to determine whether VVC OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VVC with respect to the benefits of owning VVC Exploration security.
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