Ann: Bunyu Development Funding Update, page-35

Ikazo,

""Pel as a “shareholder” should  give TM a call instead of playing guessing games""

He is not interested in getting the real facts . He is having too much fun scaring the wits out of VRC shareholders.  If shareholders are listening to his ranting and they decide to sell because of it,  they only have themselves to blame if they have lost money or infact lose money in the future.
I am not under any illusions as to why the CMSA are playing hard ball. I am also very confident that if it cannot be resolved then Trevor and his team have other options available to them if needed.
One lesson I WILL take away with me, in future I will probably never get involved in another company that has it's project in places like Tanzania.
It made sense to me that the Govt would be trying everything in it's power to make things happen quicker and easier for companies like VRC to get where they need to be so they can start as soon as possible. But it would appear to me  that all departments are not united in achieving a successful outcome which would be beneficial to the people of Tanzania.  Frankly I find it difficult to comprehend.
Having said that,I must confess I am not too fussed how it gets done or by whom . Just as long as we get the outcome we are all waiting for. The fact that I am still a shareholder would suggest I am still confident. Unlike some who declare that they own shares but are constantly berating management and talking this project down.

Truth be told, I picked up another 900,000 shares the other day at 2c . I bought them in lots of 300,000 within  a few seconds of each other. For those who wish to check, it won't be difficult to have a look at the trades that went through that day..
Why am I telling you this . Quite simply I am putting my money where my mouth is . Whilst I am not happy with the song and dance routine that the CMSA is putting us through I have full confidence that this project will get the funding it requires one way or the other. The project is just to economical to walk away from. 

I am still confident that VRC will prove to be one of my better investments in the fullness of time. Because of the length of time it has taken, the one bright note is I will only be paying 50% of my winnings to the tax department. The recent purchase of 900,000 shares will be kept in the bottom draw for the next couple of years to achieve a similar outcome.  I prefer to pay as little tax as possible because our Govts have proven to be very good at WASTING tax payers money. So my thinking is plain and simple, the less we give them the less they will waste. 

For those that have lost confidence and have decided to sell, I wish you well in your future endeavours. Hopefully the money you have recovered will eventually turn into the pot of gold you crave for with  your next investment.
In 12 months time the proof will be in the pudding for everyone to judge as to who of us ultimately made the right decision. Some of us will be looking very foolish and embarrassed with the recent comments and predictions that have been banded about...

Cheers and good luck.