I only bought a small interest because I have followed this stock for several years and I like the company. They report regularly and in detail. They also have diversified drilling interests.
Whilst I suspect Eagle is the one the punters are watching, thats not due for drilling till Nov.
This stock has many irons in many fires. With the current aggressive drilling program it is likely that the price will spike 2-3 times prior to reaching the Eagle drill if not on results, on anticipation. Check website drilling program www.vicpet.com.au
Eagle is the insurance policy. When they go back in during November I suspect the price will reach at least last yrs base.
In my uneducated opinion this share is unlikely to dip below 2c (why? because of the drilling schedule),thus the risk on 100000 shares is maybe $300. I like the odds of making a buck on this one.
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