Well as far as my disssection goes $VEC is still honouring the...

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Boomorbust

3,697 Posts.

22/09/17

02:14

Post #: 27383592
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Originally posted by jas626 ↑

i brought in today as it seems to greater risk reward to pass up for me, it seems its a stock that's going under the radar at the moment but one that
ticks a lot of boxes for me such as the following I have noted.

- proactive directors getting things done, nice flow of news feed keeping shareholders informed, they also have lots of skin in the game also with good track records and excellent acquisitions in the past.

recent CR means we have cash moving forward with drilling and acquisitions available without fear of a impending CR to stop any SP momentum

- although DRC comes with its challenges its also elephant country for gold/cobalt etc, currently VEC is a gold only company, but cobalt could be looked at moving forward at some stage and most of the worlds cobalt is found in the DRC.

- the directors have found some excellent drill ready targets on great tenants with renowned belts and visible gold from surface right next to one of the biggest gold producers around.

- currently drilling for gold underway and a possible company making acquisition in the works, if its something like 3 million oz as mentioned per announcment, the market simply can not ignore this and multiplies of the current SP is likely imo.

- also the last 3 months the gold price has been pushing up well, if you put all of this together if all goes to plan it could be the perfect storm for us holders.

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Well as far as my disssection goes $VEC is still honouring the underlying trend. We know she can increase her rate of ascent at any time and we have newsflow to come..

Was lucky enough to trade it for positive trade from .8 and get out at 1.4. Probably should have acted a touch sooner. Didn't expect to get 1.1 & 1 orders filled less than 24 hours later.. and I've been adding at 1.2.

I will continue to add them if nobody wants them.

Chart for amusement purposes only.

GL

VEC Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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