VRE 0.00% 2.0¢ view resources ltd

debt reduction, page-10

  1. 6,012 Posts.
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    I'm not surprised this has happened. Crossed my mind yesterday they would sell CH.

    Its very disappointing because now VRE is a riskier venture with only one income source. Market would have reacted positively with CH coming online with more NI resource upgrades on the way.

    Hope I'm wrong but I believe will see a sideways stock for quite a while yet!

    On the positive side VRE has no debt and can concentrate on the rich Bronzewing ground. Resource base will grow significantly and production should ramp up even higher. Seeing as GOLD is on a long term bull trend and no major problems with Bronzewing VRE will do very well in the longer term.

    .....and NICKEL being a base metal hasn't a secured future. GOLD has!
 
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Currently unlisted public company.

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