Over the years I've looked at many threads for companies where the deal/management/project were known to be dishonest but I've never seen so much heated commentary from non-holders before!
A long discussion of pros and cons amongst holders is understandable but when you don't hold it does seem strange. So I must genuinely ask, why? of course you're allowed to express an opinion etc, but why would you bother if you don't like the deal or management? Is this a group effort to drive the price lower just to buy cheap? Remember there are decent honest people who hold shares and you are confusing and hurting them with your continuous one-sided barrage of negativity.
Why would you not also discuss the best options available to the company? Considering the size of the resource, the Magna loan is small and very short term. It's almost certain that other financing arrangements will be made and the Magna loan paid off. As for ongoing funds for drilling, etc, there are many small companies with far less than VEC who have the majors knocking on their door doing deals. As for SOI, as long as the shares issued help towards progress it does not negatively impact growth. There are many mid and large caps with a huge number of SOI.
Some of you claim that holders refuse to acknowledge the problems. That's completely wrong. We see the problems but we also see the potential, while non-holders only see the problems and refuse to acknowledge the potential.
VEC Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
