Can history repeat in December / January , just a couple of Weeks earlier this time. For those that think Xmas and the New Year can slow down a good company with solid announcements think again ! VEC fired through 174,570,818 the day before the Xmas break , and 76,539,707 the day we got back !
22 December 2017 Announcement
HEADS OF AGREEMENT ON ADVANCED WORLD-CLASS MULTI-MILLION OUNCE ADIDI-KANGA GOLD MINE
Reality of missed deadlines sets in , 06/02/18 Closing SP 2.3c
So here we are today , a pile of missed deadlines and false stars ( 12 Months on from where we started ) waiting for VEC's biggest and most important announcement to date , Completion of Adidi-Kanga , 30/11/18.
SP 1.8c , Volume 2,627,500
So whats different today , what else are we waiting for now , what could VEC announce to keep the momentum going. One great announcement is ok , but we need announcement after announcement after announcement to fire this Goldy back up , and in my opinion I think thats what management have lined up !
1: Adidi-KangaGoldProject Due Diligence announcement (3.2Milloz JORC )
2: Maniema Gold Project ,Kabotshome, Mbutu, Mitunda, Mbala and Tubambo Exploration drilling results
( Well overdue ) (421,000oz JORC)
3: Kibali South Gold Project (completion only) after Adidi-Kanga has been completed (1.47Mozs SAMERC)
4: Nizi Gold Project (completion only) after Adidi-Kanga has been completed
5: Baluma Gold Oxide Project (completion only) after Adidi-Kanga has been completed
6: King Leopold Gold Mine (completion only) after Adidi-Kanga has been completed
7: Tarada Tailings (completion only) after Adidi-Kanga has been completed
8: EXPLORATION UPGRADE , From looking at the widespread drilling that AngloGold Ashanti did between 2005 and 2013 (173,276m ) And the rapid SAMEREC /JORC Conversion/Upgrade management managed to pull together from 2.9Moz ( 22/12/17) to the new JORC 3.2Moz 5/01/18 , about 15 Days to find another 0.3Moz
Gold price 22/12/17 US$1,275.25 Gold Price Today 01/12/18 US$1,222.18 And looking for a reason to breakout higher
Ive lost track of where i started like normal Lol , but the point is this !
:Yes we can trade big all through Xmas and the New Year , everyone wants to make money as proven last Year.
:Yes we have easily 10 announcements that could pile in right behind AK final completion announcement.
: And YES , we are stuffed if Adidi-Kanga falls over ( Got to keep it real people )
Enjoy the Weekend Ladies and Gents , I have never been more fired up about VEC than I am right now , and I am super excited to see what next Week brings.
VEC Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held