VMM 4.23% 74.0¢ viridis mining and minerals limited

Ann: Significant Breakthrough in Colossus Metallurgical Testing, page-41

  1. 1,704 Posts.
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    Hey Buck, I personally wouldn’t say a false sense of security as the global economy isn’t looking too shabby.
    Upcoming interest rate drop forecasts for example (which bode well for small caps that rely on funding)

    I feel it will have a flow on affect to small cap stocks but we need to see a good slow down and that alone will be a bullish sign the lows are in and when they are confidence will flow back in, which I feel is very close.

    its not sustainable for these drops to continue.

    When the market sees this, confidence will come back and small caps will have a good bounce (big reward, high risk)

    The good thing about VMM is they have a proven resource with great MET results and high grades, not an explorer hoping to hit something good…

    If commodity prices increase then it will magnify imo.
    Could be a very good time to buy near bottom…
 
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