VTM 9.23% 35.5¢ victory metals limited

Ann: NORTH STANMORE INITIAL MINERAL RESOURCE ESTIMATE, page-14

  1. 3,213 Posts.
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    Market is not happy with the lower grade.

    I think this is managements first major blunder. There was no need to lower the minimum grade cut off so much to increase the total tonnage.

    A higher average and a 100MT JORC would have been more than acceptable.

    I am out for now guys .. Sold out at 32c-35c range .. Grade decline too much for me.
 
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