VRL verity resources limited

Ann: Drill Campaign Commenced at Monument Gold Project, page-25

  1. 19,184 Posts.
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    It now appears that all the sellers in the last run have been exhausted.

    No trades in the first 30 mins points strongly to this & there has been insane soaking at the 2.5/6 level for the previous 2 sessions

    The next wave of demand should send this to higher highs in to the 3's now.

    There is a lot to like about the Gold projects which are adjacent to Genesis Minerals (GMD)

    Being adjacent to a major producer has so many advantages. VRL is instantly a takeover target for GMD should there be enough Oz of Gold to be attractive. It would be an 'easy acquisition'


    There are 3 active prospects in the Laverton Gold Region which are ALL being drilled (initially via Air Core)
    - Star Well
    - Triton
    - Korong

    So VRL isn't wasting any time here & why would they? They are in Tier 1 Gold Jurisdiction with a natural acquirer (GMD) next door.

    Usually Aircore drilling is a bit of a non-starter in micro cap land - I say usually, because it's always the precursor to RC or Diamond drilling. HOWEVER in the case of the Triton project, Air Core drilling in 2022 & 2024 produced the below results!!

    https://hotcopper.com.au/data/attachments/7004/7004049-c8f9acb6cc274672cd453255e472cb68.jpg
    https://hotcopper.com.au/data/attachments/7004/7004053-1ac3c15b90c18b7010a12dab8fc71ada.jpg

    In the current Gold Climate, if the current air core program produces anything anywhere near to that, this will instantly multi-bag & be on it's way to perhaps 30-50m mkt cap as its first stop (10-20c)

    This is just the excitement for the gold project - I haven't even discussed the Brazillian REE project or the Botswanan Copper Projects which has "discussions continuing for potential corporate event"

    Add to all this, the director just purchased a mountain of stock to take himself to 19.99% shareholder...

    It doesn't take much to join all the dots here & see this stock could have a very large re-rate if things go right.

 
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(20min delay)
Last
2.3¢
Change
-0.002(8.00%)
Mkt cap ! $6.426M
Open High Low Value Volume
2.5¢ 2.5¢ 2.3¢ $34.11K 1.400M

Buyers (Bids)

No. Vol. Price($)
3 1268564 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 368928 2
View Market Depth
Last trade - 13.59pm 28/07/2025 (20 minute delay) ?
VRL (ASX) Chart
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