VRX 5.56% 3.8¢ vrx silica limited

Ann: Update on Mining Leases for Arrowsmith Silica Sands Projects, page-140

  1. 1,220 Posts.
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    This has been talked of near endlessly. My personal opinion is that the big holders are set for a long ride not a quick trade. If memory serves me right, there was even some rule change to make a TO harder. A lot of us long termers would reluctantly bite off the hand of anybody who offered anything over $2.50 based on the bird in the hand strategy. I would definitely take the $10 that Jnene is suggesting.

    There is a significant amount of money to be made down the line with VRX, $5? $10? choose your own adventure, but give me a 10 bag on the current sp now and I would take my winnings to the next big things - I have a couple of other plays where junior explorers are moving to mine operators and are re-rating. If I ten bag here today, I'd likely 10 bag on the next mob. In that scenario, I would be a double digit millionaire in pretty short order. I'm 59 yrs old and ready to ease out of the workforce if an opportunity to do so comfortably arises and such a takeover would be one such path.


 
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