extra, page-16

Thanks skull,

Regardless of what the reasons were for the early conversion of the 3,500,000 unlisted options
(@ .18c conversion - 21st March, 2010 expiry) in VRE
(as announced late today just before close), the bottom line out of that is $630,000 straight into, and added to VRE's war-chest. That can only be seen as positive, and good for VRE's future from where I sit.

Also the fact that it was tabled/announced at 3.55pm (5 minutes before close) and not after close suggests to me that management may have wanted the VRE screen/announcement board clear tomorrow for some possible good news. Only my summation mind you, but I'd like to think that we are due for something good, and something totally by surprise in a time-frame sense.

*Jojo is right about the state of the nation now IMO.
Now is the time to have done your research, know all there is to know, make your decision and stick to it.
If the screen upsets you with what you see, then don't look at it for a while. It's easy to get tied down/frustrated with strange and negative sentiment that is spread across the entire market currently - that is not something we can control, or at the very least understand. Lot's of money has been wiped off the boards, yet we all must know and realise that lot's of money is to be made when things come good. VRE will be a market darling in 2008 because they are doing precisely the right things at precisely the right time, and precisely in the right location. And the rest will follow precisely.

wrxsti