Board told me at last meeting I attended that they would not cap raise "at these levels" when SP was .01c ish. I do not like to see any raising at low levels but that is life so I took the opportunity to participate.
Hang in there mate. If a large resource is announced at SD, LP hits and FP sidetrack is announced, SP should easily exceed 3 - 5 cents. Oppies then come in to play and will bring substantial funds to VIL on conversion. Then,hopefully, no more cap raisings (Never say never).
I started buying VIL on market at over 4 cents. I bet I have a lot more of my hard earned in VIL than most.
Bought on market yesterday as part of my "average down" philophosy.
I am hurting heaps if that makes you feel better.
Miki
VIL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
