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3.90% $2.13 develop global limited

Ann: Whim Creek Project - Update Potential Gold Targets, page-101

  1. jas626
    6,951 Posts.
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    30/09/17
    19:55
    Post #: 27573651
    buying in only because it has land close to DEG
    1. 1. VXR is a copper/zinc play and not a gold play
      2. DEG have a JORC of 1 million oz maybe 1.2 million, VXR have a gold JORC of ZERO oz
      3. DEG mc at 40 million, VXR now out to almost 60 million
      4. VXR only 900k cash left soon I would think management looking to do a CR soon to make the most of the SP spike

      VXR might of been a ok buy at 0.005 a share but not now 300% up imho.
    VXR Price at posting: 1.7¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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