long term, page-24

“The company believes these could be formation rocks associated with a copper porphyry target supplying the copper mineralization to the very high grade breccias found at surface, where intersections included:
- 116metres at 2.4% copper and 7.2 g/t silver from 30metres.
- 75metres at 2.4% copper and 5.7 g/t silver from 48metres.
- 34 metres at 3.4copper and 14.7 g/t silver from 92metres.

Now what if the assays that are released by VOR (due soon), surprise the market and some of which show possibly better readings than the above?? It’s very possible with 402 samples sent to the lab and also with the intersections of ignimbrite and block ash tuff which were located and the company stating they have found similar caps at this deposit to the ones above the giant Oyu Tolgoi copper deposit. To me it’s clear that management know what they are onto here.

On the day of the Khul Morit Drilling update announcement which was released 1.5hrs before open, we opened 30% higher than the previous close, then we closed at 3.1 which was 2.38 times higher than the previous days close. Whether it was traders who drove this, or big boys, or whoever we want to speculate it was, the news obviously impressed the market. Then we had selling and a clear push down in price with selling into each pip lower each time. Yet the volume has still stayed fairly high in comparison to over the last few months. On Thurs 28 Feb there was 57mil volume and Fri 1 March 54mil volume. I think some investors and accumulating shares at current levels and all the way down from 3.2c in fact. Why else would there be so many buys coming through yet such an aggressive shake out?
The options which were exercisable at 15c each on or before 31 December 2012 was obviously a disappointment to some people but perhaps this, combined with the fact they are seeing some very pleasing initial results, is providing management with that extra bit of motivation to make sure that the other options (30c on or before Dec 2014, 3c on or before 31 Dec 2014) will well and truly be in the money this time round.
May I also remind holders that Matthew Wood has 29,321,542 shares to his name through Mitchell Grass holdings Singapore pty ltd, and 6mil shares in a joint superfund. This speaks confidence to me and doesn't include the shares many of the other directors have.

If VOR finds and proves up a large copper porphyry deposit, then the number of VOR shares on issue will become irrelevant IMO. I think they are onto some massive here and like someone else said, VOR has had large potential for some time. Every dog has it’s day and I think it’s only a matter of time before VOR has it’s day. Any talk of shares sub 1c is FANCIFUL imo.

DYOR, GLTAH.