You are correct. The market surely is a dangerous place. IMO the safest places in any state of the market are generally the companies that are undervalued and are being rerated or about to be rerated in the near future. I feel VRX is potentially one of them. Today's news was well recieved and I believe significant. The SP could well rise powerfully from here, but what will make that rise safe and sustainable will be the quality of the assays in the first instance IMO. Seeing we dont have those results yet increased SP equals increased risk. I am now holding a large number so I certainly hope SP keeps roaring up. Obviously I would be holding a lot more if I knew for certain the quality of the assays. I believe we are off to a good start. The initial results and todays news on mineralisation is good but, history has shown me not to assume ANYTHING with the stockmarket. I'm hoping VRX will be a good one. Time will tell.
VRX Price at posting:
58.2¢ Sentiment: Hold Disclosure: Held
