VAR 12.5% 0.9¢ variscan mines limited

Ann: Expansion of High Grade of Zinc at San Jose Mine, page-71

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  1. 1,298 Posts.
    lightbulb Created with Sketch. 170
    It is making me cusious as to why?

    Is it a sour taste left from the hammered price? To be honest, I am harbouring a feeling of suspicion towards management. Just seems strange, raise at a 100% premium and then sold down. Plus his background makes me feel like he has that callousness that easily dismisses retail holders... I like his interviews and his vision, its not that... not sure what, maybe just me. Thoughts?

    Is it the deposit? There could be scepticism about whats left down there. The diagrams in the announcements pretty confusing too I think. But my research and the drill so far says we can expect a huge amount and high grade. Plenty of ppl out there coild come that reasonable conclusion I think. obv always a risk but intercepts and data has already derisked this a fair amonut. Anyone doubtful about the numbers estimated in that research paper above that I shared? if so, why?

    Let address these two issues first and then we could move onto others.
 
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