Unfortunately the "whole market down" argument doesn't wash.
When the market is up, VMS still goes down.
Has nothing to do with the market and everything to do with incompetent management and how the market views the Company.
We have a MC of $13 mill, our tenements are worth more then that alone. Everyone has had enough of the tripe that AR continues to sprout and no one for one minute believes this mob can commence any mining operation.
Let's have a look at what they've achieved
That's right, nothing and the market is valuing them that way.
- IO price is healthy and yet not one word or indication of when this might start up again if they have any intention of ever starting it again.
- Lindsay PFS- We hired a manager who was running with this and from ARs mouth we were to have received it by Christmas last year at the latest, now he's talking maybe Q3 next year. And now we find out without the boron Lindsay is in fact not feasible. So how was it feasible the first time around and now with Tin prices much higher it's not feasible. Either they totally messed it up or blatant fudged the numbers.
- We gave away 70% of Thor , the so called "Julimar lookalike" and now we have zero control of when CHN will enter the area and recommence drilling. We owned the land and we gave away 70%, great negotiating.
- What's happened to Kulin
- Now REEs are the flavor of the month, he's talking billions of tons. Just more carrot dangling.
- Where's the visuals for the Nickel that he promised. Nothing to see here obviously.
We've jumped from Tin, IO, Nickel, Boron, REEs .
How long do you think the money from this CR will last, before they go cap in hand for more money again and more dilution.
So please come on Hoaxy, I love your enthusiasm and positivity but if you aren't concerned at 0.007c !!!!
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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14 | 3728032 | 0.012 |
10 | 2586455 | 0.011 |
13 | 3561595 | 0.010 |
6 | 2083333 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 3727 | 1 |
0.014 | 1201103 | 5 |
0.015 | 4247800 | 3 |
0.016 | 1374330 | 5 |
0.017 | 1184978 | 5 |
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