VAU 5.41% 39.0¢ vault minerals limited

phone call from colin jackson, page-43

  1. 1,200 Posts.
    i got few around 1$ last two days to play with and i'm relatively new to the stock (although i was aware of it in the pre-consolidation days) so let me ask you this (i'm sure it has been asked 100's of times before): if MML can run their mines so profitably why not take over RED using their shares and do their magic?

    it seems to me that RED have a fairly good asset but very bad operational management which discounts the value of the said asset to the point where it could be managed better by someone else
 
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