VMS 5.56% 1.9¢ venture minerals limited

"I believe many have worked hard to bring about a positive...

  1. 98 Posts.
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    "I believe many have worked hard to bring about a positive result from an identified ore body, at great expense.
    Whether an identified ore- body will be viable is a problem facing all successful? explorers facing macro economics commodity cycles/ trends.

    I have noticed however threads filled with posters considerably ignorant of exploration and project feasibility, overly optimistic expectations and obvious ramping.
    This can be expected when people have overinvested on gut feel and are trapped in myopia and groupthink.
    It is likely we have all been there at some time as 'newbies'

    I am no expert nor offering financial advice - the above is my genuine reply to your question based on considerable time investing/ punting on materials stocks on the ASX particularly."

    What a post! Agree with every word you have said. Your concerns were/are similar to mine, hence i am not currently invested here.

    All the best with your investments.

    And for those seriously in the red here, i also wish you the best of luck. I truly hope this company can turn their fortunes around and you all enjoy immense success. Especially the long term holders.

    Till next time.

    Sweetshekels
 
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