Tolga would have made a very decent profit on his Million-odd...

Tolga would have made a very decent profit on his Million-odd investment, and I am sure he was glad he sold out at the peak and before all the volume dried up.

Also, appreciate the honest comment "I just accept the factual posts as fact and are willing to hold VAL to see how it turns out"
At least you know this is a gamble and not the motherland of investments.

@AGreenColour regarding the comments around estimates, not promises.

If VAL tells its shareholders, to buy options and at the end of the year covert those into shares before they expire but fails to drill on its "estimated" date and therefore rendering the options worthless as shared holders fleed.

Then that "estimate" (as you say) should have never been provided. And then to tell those shareholders that the drill didn't commence due to weather conditions being too cold????

I have never been to Canada before but I am going to assume that every year its pretty cold at the peak of Winter. If that was only an estimate then no some research may have been required in advance prior to providing this "estimate"