VTX 0.00% 7.8¢ vertex minerals limited

Ann: Top 20 Holders, page-22

  1. 369 Posts.
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    I sincerely hope for longer term holders that this stock eventually changes share price direction in a positive way. There are many "value" options that are currently listed depending on the risk factor you are willing to take (inc the forecasting of future gold pricing ? - good luck with that !). I have recently been adding & will continually add if the pricing gets any lower (maybe its the current environment, disgruntled shareholders & it's getting to tax time ?).

    Roger Jackson is the main reason that VTX came up on my radar. I invested in QXR in the early days & saw the possible opportunity. QXR (ex HIP) was mostly a group of disgruntled investors who had seen a various list of failures but it was essentially Jackson who changed the landscape of this company. Market cap has multiplied inc the addition of a sizeable Chinese investor. He is spending funds in a cost effective manner - maybe it was the early days of always trying to find value / working with Lenigas / etc - not all high risk projects work that way unfortunately. I personally think that VTX will be a good story especially taking into consideration the market cap / cash in the bank / management / old plant to be upgraded / exploration potential of multiple tenements especially in a proven gold field which has a lot more potential for discovery success. I look forward to the initial drilling phase that's starting later this month. GLTAH. DYOR. IMO.



 
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