Just look at Jubilee - focused on one area and one commodity - just look at them. Bought at $1.45 sold at $4.75 now at $23 Takeover Offer and I am cursing.
You said VRE had only 1 mine. I have to correct you they have several mines and 1 big processing plant and potential new mines in one large area of tenements. They are currently sourcing ore from 4 of them.
Only time will tell what Carnilya Hill might have been. Nickel and other base metals a bit of an unknown quantity if recession hits the global economy.
A bird in the hand.........
VRE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held