Exactly right mate ..
Been caught holding the bag too often not sell into the news this time. Held VTM from 30c to 17c multiple times and did nothing about it. Seen the cycles time and time again so I decided to play it for what is is this time.
When the SP settles will have another look because speaking to Brendan today for further clarification on the figures in the MRE he made some very solid points in regards to the grade in the MRE.
There is every chance with infill drilling the grade can increase because a real conservative approach was applied due to the lack of in fill drilling.
Brutal response today ... For those that bought at the highs just hold em tight .. Up and down cycles are normal and VTMS HREE could still pay off big time.
Ann: NORTH STANMORE INITIAL MINERAL RESOURCE ESTIMATE, page-27
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