VRC 25.0% 0.5¢ volt resources limited

Ann: Bunyu Development Funding Update, page-20

  1. 1,002 Posts.
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    Been following this stock for a while now, since I missed out on buying it around the 1.5c level due to my lack of funds ( Despite my reservations about the company, I was considering taking a risk at that price ) ... Flowing that disastrous announcement 2 days ago, I can't see how VRC won't be touching that support level again very soon ... However, this time around I have my doubts about that support holding up ... Reading between the lines, the announcement seemed pretty unconvincing about the prospects of serious funding any time soon ... if at all.

    I would possibly be prepared to have a nibble at VRC if it went below 1 cent, but unfortunately, I think it is now too much risk versus reward for me to pay any more than that ... For the sake of the long termers here ( excluding a few of the arrogant smart asses that attack anyone with a negative view ), I hope the BoD can pull a rabbit out of the bag for you ... I've been in your shoes with other stocks that had a similar endless-wait story to this, and it's not pleasant.

    Wayne
 
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