VMS 0.00% 1.8¢ venture minerals limited

Ann: Annual Report to shareholders, page-16

  1. 1,522 Posts.
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    It is complex issue...
    1/ most of the conditions which led us to the current low ... was outside of our / management control,
    and when someone/fund is selling the flock of sheep is following ... despite the record Tin prices and v. likely recovery in I.O. while
    2/ only one lucky drill result (like in the case of Chalice) or 2 blind drills in new area ... where there was "not much sense to drill"
    but in both cases previous drills were v. shallow up to 25 M while the deposits were sitting below 30 M... and both companies
    within short time become an o/n sensation and many holders I know v. well become multi millionaires ...
    3/ I don't dwell on setbacks and losses but several successes (including my v. L/T investments in NST, IGO, DEG, CXO etc) more than made up for all losses... It is tough business but the well researched and patient holders who have capacity to top up on ridiculous LOWs will be rewarded sooner or later
    4/ There is nothing more annoying that keeping the stock for up to 20 years and suffering all the trolls and daytraders complains (like you remember the specialty metals / now EQR/ .... you could buy easily millions of shares for as low as $0.01 or lower and now they are "undervalued" at less than 8 c...
    5/ I have made the most money buying against the trend the stock which I bought for much more initially and the best ever gains I have made on DEG,
    loading up at $0.04 when the first 2 drills have confirmed new gold discovery (but despite having already have close to 2 mln oz gold ... the holders were so mad at the company they were flogging its shares below $0.04 despite the fact that they already had forced old management out and new and the best gold geologist "young" Ed Eshuys took over and start drilling the hell out of the tenements ... holders were not happy with "rejected" CR $0.045 and flog off ... and withing 3 months from confirmation of new discovery the price has reached $1.6 and the next CR was over-subscribed @$1.2...
    6/ and the trolls were as vicious as our paid fake charity trolls under supervision of the porky spreading pies..
    Gees - forgot about the market.. can see that the selling onslaught continue as just received 190 K of VMS shares at $0.052

    7/ People don't want to get rich slowly...
    8/ Back to work, defending my company / GLTArealH
 
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