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Ann: Adidi-Kanga Gold Project Acquisition Nears Completion, page-84

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apkjm

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3552

09/10/18

12:05

Post #: 36049269
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Originally posted by 952i ↑

From my understanding, they aren't allowed to release assays or lab results as the project is still considered private.
Until funding is sorted, then the JV is established the project isn't under VEC's wing so they aren't required to report on that stuff. I've seen this with shells too after an acquisition is done drilling assays or lab results released within the next week. I doubt they've drilling into it anyways, but if they did they don't require to report until its no longer under private ownership.

Because of the complexity of the terms to pull this project off and debt involved VEC will be taking huge risk if they sign JV and start sampling without securing funding. So they're doing it the right way, aka reverse order.

Regardless, its been a long wait so if anyones frustrated makes complete sense lol. This ones been a teaser for me everytime I can see the finish line of this chapter it moves away ever so slightly. At least the gold price is looking good.

Not too long now, first round funding done.

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What project are we talking about here guys , Maniema Gold Project are the drill results I'm waiting for ?

VEC Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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