fat prophets, page-24

"Due to your ongoing interest in this stock Chops, I expect you might be intending to buy back into View at some stage. Are you considering that now is the right moment? I am considering averaging down and I reckon if you think it has reached a bottom, then there is a good chance it has, since your calls have been pretty accurate so far.

Thanks."

Well, I don't want anyone buying or selling solely on my opinion.

But yes, there are many reasons I keep an interest in this stock. Today's replacement cost of the plant has for a large part been worth more than the VRE market cap for instance (like it is now). That's one big reason.

The other is the massive exploration potential that they have if they can become cash flow positive. Due to their tenements being in proven impressive gold outcrop territory.

Plus, my super bullishness on long long term gold.

Let me put it this way. I would much rather buy VRE now, than a week ago. Tomorrow's action will tell you all you need to know.

The way I would trade it personally, is to buy, but have a very close stop of 22 or 22.5c on the close. And be looking to sell at about 30c or just above. It may even form a box at about 33.5c on the top side. Which would make sense. I would personally be taking a trade on this atm, but I'm all in at the moment, so can't. But I wouldn't be taking a view to hold more than a few weeks.

Either way, it's in a position now where to take a trade on it, provides a pretty good R/R. And like I say, there is probably going to be quick confirmation/ invalidation.

And thanks for the compliment. I've copped a lot on here lately. But if you had traded VRE like I did, you probably would have made a bundle. :)