Just got another 30,000 at 12c . I was the last trade. No sellers at 11.5c so had to modify my order. Might buy more tomorrow if Wall St futures are correct and more desperados sell out.
IMO buying window opportunity pre drilling results. In a rational market the SP would be going up not down and so v happy to increase my holding.
I calculate VMC has enough cash to fund 3 quarters of exploration and am punting on proving up a decent resource in the next 6 months. What am I missing ? Isn't this sensational value at the moment ? Aren't their tenements highly prospective esp Stone Tank Bore & Estonia cobalt?
Appreciate your thoughts before I punt a bit more of my hard earned.
VMC Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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