first quarter gold production, page-9

I picked up some of the oppies as VRE is poised for a good run in the very near future.

The story is just to good to leave the share price where it is.

Just remember they are now totally cashed up and have plenty of $$$$ to see them bringing both the gold and nickel project full up and running.

And still enough free cashflow the do more deals with neigbouring gold miners and for exploration.

I can still see VRE getting back to its previous hights giving some time and a nice increase in the gold price.

And remember dispite having hedging in place at A$800 and A$900/oz they still have 60% of production exposed to a higher gold price.

I believe TG is a very smart operator.

jojo