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Ann: DYL: Deep Yellow Proposal To Acquire Vimy Resources Rejected, page-73

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nitrogeon

2,207 Posts.

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19/11/21

22:06

Post #: 57715280
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Originally posted by SpecFourTwoSix: ↑

rick rule has never said that, you've actually got it mixed up. He's number one choice is management, he basically says that in almost every interview( he backs people that have already made him successful). He only puts the resources first when that resources is of high quality and/ or he believes it will be taken over by a bigger miner

furthermore

He has stated - management first even saying you can have the best deposit in the world but that's not going to get you there in the end, to say otherwise would be to discredit everything he has said over the years.

Vimy have a great deposit in mulga but it's not Nexgens Arrow, or kazataprom, it's very similar to tumas.

actually Namibia is considered to be a tier 1 jurisdiction for uranium and miners, people express africa as a whole to be dangerous every country is different. some of the biggest miners in the world are there in the likes of B2, newmont, barrack, and many others.

all of which Rick backs including DYL.

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No I saw a video the other day. Management can be replaced if incompetent but the resource can't?

RR has also said many uranium companies are now expensive and have front run fundamentals. When PDN went for a big run it was valued at a few million. Please do some research.

VMY Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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