Hi everyone,
Not a good time for VRE and rather dissapointing that they are still not confident that they will reach the production targets this QTR.
And because of the above they got punished once again.
Looking at where we are now and where we could go in the near future this share is very cheap or still overpriced.
I still believe that VRE can easily make it once the high grade ore goes thru the mill, or they have totally mis calculated the gold resource they are sitting on.
Time will tell and its now either being patient and wait or for the bears among us sell up now and move on.
I will keep holding and look forward to the next QTR production and ofcourse how far they managed to ramp up the current production.
There could be still heaps of upside from here even when most see only doom and gloom at the moment.
Good luck and do your own research.
jojo
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