VRC 0.00% 0.4¢ volt resources limited

bottomed out - only way is up, page-56

  1. 512 Posts.
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    @Bigmouthfrog

    Why because someone has a differing view are they down ramping? I've asked this over and over so by definition do you believe in Up ramping and if so what does that mean? Is it the flagrant over promotion of stocks in order to reap financial gain?

    @Just Magic

    I agree with Dinwoodie's views totally as I've mentioned before. If you are going to produce a 95% product as indicated by the PFS then IMO the Chinese will pay you probably $700 per tonne which renders VRC's and many other projects not viable as the market is simply not big enough. The value add proposition in this case regarding CSPG will be the only way to make money. IMO that is why the market sold the stock off aggressively post the release of the PFS. Again all the cheerleaders blamed it on a fund receiving redemptions, then its the fault of downrampers.

    Please read @globalstockguru's posts relating to his chart analysis.

    IMO the stock rolled over some time ago and was sold in volume on the back of the PFS. All this ahead of a capital raising probably in Quarter 1 of 2017. So IMO the PFS has raised more questions than it asked with regards to the fundamental analysis and the technical analysis is giving a definitive sell.

    And @Bigmouthfrog

    I'll allow @DrWolowitz to speak for himself but my answer to your question is this. IMO drawing a bow from the evolution of the EV against the combustion engine to a Graphite project in East Africa who's status as a viable project IMO on the back of the PFS is still questionable until a lot of further work is done is an incredibly long bow to draw.

    Secondly you are associating EV development with long term use of the Li Ion battery. There is constant research in the battery space trying to harness and perfect alternate technologies that do not have the volatility of the Li Ion battery so assuming that the Li Ion battery will forever be the standard is IMO a mistake.
 
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