VRC 0.00% 0.4¢ volt resources limited

selloff, page-43

  1. Don
    300 Posts.
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    Spot on @ Immmelman.

    I seriously considered a punt on VRS when it was in the one to two cent range - should have in hindsight!
    However the main reason I didn't go ahead was based on the inexperience of the board, an inexperienced accountant with no mining background you guys now need a director with extensive scientific/geological/technical experience.
    Stephen Hunt may well be a very adequate Chairman but there appears to me to be a practical, technical void ATM which no doubt Hunt would be well aware of and in my view would be looking to fill.
    I believe looking at a longer term view graphite demand etc. Volt is a buy at these levels, however they appear to lack the technical leadership to further metallurgical testing to produce results that are going to convince the market with respect to purity, it has been possibly unwise to release results which could well be improved in the passage of time just to try to lift the SP in the short term.
    The departure of a bean counter (with due respects to all accountants) is a good for Volt and in my opinion Hunt would be onto it - needed to happen.
    Good Luck
    Don.
 
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