VRE 0.00% 2.0¢ view resources ltd

alternative view

  1. 45 Posts.
    In light of some of the negativity being posted about View's announcement, I thought I'd pose a question.

    Is it possible that the de-hedging strategy reinforces the Company's confidence that the operation is beginning to demonstrate "strong evidence of the higher grades and overall tonnages"?

    I think yes, because for the normally cautious Tim Gooch to want to de-hedge at this stage suggests he is very confident of Bronzwing's future, and also that of the gold price. Many other gold companies have de-hedged, or in the process of de-hedging at this time.

    Thoughts?
 
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