The market is so bad for junior mining stocks at the moment that nothing seems to get the share price going. We are trading at 8.5c after the massive news of yesterday while only 2 weeks ago we hit 9c on no news.
How is a surprise increase in interest, a nice chuck of cash (basically non dilutive!) and a probable offtake partner taking a stake at well above market price not huge and very positive news. This is simply a huge step. But no response from the market. Just a mediocre uptick that gets sold right back down....
Imagine what will happen when inevitably the sentiment turns. So much catching up to do for VR8!
VR8 Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
