VRE view resources ltd
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Source - The West AustralianA deal that was to have saved failed...

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    145 Posts.
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    14/02/08
    11:19
    Post #: 3353397


    Source - The West Australian



    A deal that was to have saved failed Western Australian gold producer View Resources has fallen through. Mincor Resources will not proceed with an acquisition of View's 30% holding in the Carnilya Hill nickel project, of which it owns the other 70%, because conditions were not satisfied in time. View has appointed administrators after a $A3.5m production shortfall. The news was mostly unexpected and attention is being paid to View's reporting and trading in its shares the day before it entered a trading halt

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    VRE Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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