Re Gold Reserves, they were sitting on around 830,000 ozs. from memory of last report.
CEO Gooch has been consistent in his goals for VRE stating aquisition activity is already on the table, and further and immediate exploration targeting newly found/located 'hot-spots' on existing tenements is a paramount objective in order to extend the life and output of Bronzewing out many, many years into the future.
Be it by aquisition of smaller rivals nearby, or by new and additional/existing exploration, or a combination of both, View will IMO reach and exceed the magic 1 Million Ounce Club in it's quest to be the Mid-Tier Mining House objective set by Management.
Checked up on the Top-20 last night on the web-site, and that has firmed up in a major way, where-as in years gone by, it wasn't a stand-out talking point. There is a poultice of new superannuation money looking for solid projects with bright futures - and View fit's the bill here so I can see the Top-20 shoring up even more in the weeks and months ahead.
Wouldn't be at all surprised to see VRE brought into the ASX200 in the next review in August. That is when we'd likely see a sustained surge in the SP via the increased interest and commitment from insto's support and buying, via the inclusion into the ASX200.
wrxsti
Add to My Watchlist
What is My Watchlist?