Well at one stage this morning I got all excited when 255 and 26 got taken out quickly and actually came over to the buy side … someone got a sneak preview at next weeks report I thought
So on a day when our market gained over 70 points and Gold gained to be over $770 once again VRE gained *nothing* on the day after a high of .265
So why did those misguided fools give it away for a mere 25 cents Don't they know that just the equipment and inferstructure is worth more than that not even considering the $30 million of Gold VRE will mine this quarter and the Nickel dollars that will start pouring in. If anybody doubts VRE managements competence not to screw things up Mincor is handling that part and at over $4 they must be reasonably experienced and competent.
Since I have been holding this for 1 week I can't be accused of "impatience" Its only been 5 weeks since Mr Gooch decided that more funds are needed short term so we can't rush these things. A bit of suspense is good and makes the market more interesting.
Those poor suckers who sold today … one must feel for them. On the other hand it is Friday so if the DOW drops another 360 points tonight I may be able to get some even cheaper .
VRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held