VML 16.7% 0.3¢ vital metals limited

Ann: Vital Identifies Vanadium Exploration Target in Burkina Faso, page-31

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  1. 1,156 Posts.
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    Heres the issue I have with VML Smyla. They actually spent more than $15 Mil on watershed from the time they purchased it until the time they sold it many years later. it was a loss for long term shareholders selling it for $15 mil. Thats a Fail.Same thing will happen with the next project, they will spend money acquiring a project, then spend more to drill and if successful more millions to produce scoping studies and the DFS, all the while paying wages and company costs until there is very little left in the kitty and they will sell the project for less than they spent, and then go looking for the next project as an excuse to keep the company going to fund managements lifestyles. This company like most speccies for that matter is a listed con job. All in my opinion of course
 
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