i am out

I am sorry guys but have bailed out today and cut my losses. A critical piece of the jigsaw puzzle is leaving their ranks. A person I would back any where, this is very disappointing for VRE. As the old mining saying goes "grade is king" but "people produce".

I think Novembers figures must be low otherwise TG would have been out with an announcement on the 1st December. My guess is 6-7k oz for the month. If it was closer to the 8k then I reckon we would have heard by now. If they do produce 6-7 then I believe they will be burning close to $2M (including Carnilya Hill)per month which won't leave much in the bank after Xmas.

I will look at them in the new year, hopefully for everyone not at sub 22 cents which I sold for. Good luck