got replied for my 2 email, page-7

Most Chops but not the whole holding.....I was furious management decided to put one last knife into the shareholders by bringing out a bad ann when the night before the DOW dropped 400pts, so kept some back because my prediction is VRE would have jumped a cent or 2 the next day. We'll never know if it would have or not.

Once it become a grade issue as opposed to TG saying a month or 2 before "we are hitting higher then anticipated grades" it was time to call it a day.

I always knew management were being deceptive ect, especially after a ph-call to Gooch a couple of months back when he wasn't so forth coming and wouldn't answer direct questions. I just believed and still believe they aren't crooks and had a sincere intention of getting the project of the ground. A white elephant project simply gobbled them up.

VRE isn't my typical type of investment. Made my money with explorers with great upside ground, competent and honest management with a good track record.

Never get into a startup with serious cash-flow problems again with grades that low. Only lost money but gained valuable experience. Experience which will make a monatary gain the future anyway.

GGG, TGS, EPG, ESG, TTY, BUR are the bulk of my investments at the moment and will be keeping for the next 2 years at least. Will be looking at loading up more DRX and EPG in the future. Got some NME the other day at 31 cents as a punt.

Alls cool...Its the combined end result that matters!



re: wrxsti and roboshan (grahod)
Code: VRE - VIEW RESOURCES LTD (Google VRE) Post: 2527370 Reply to: #2527281 from MAGADAN Views: 576
Posted: 06/02/08 12:27:45 PM Sentiment: Buy Disclosure: Stock Held From: 203.171.xxx.xxx

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I say get out.

Tonnage was met but head grade was 35% less then what it should have been. Extremely concerning! The ball game has now changed!

Not a superstitious guy but when we got management successfully pin pointing terrible market days to release bad news theres got to be a message in that!

The project is a dog. When you got management continuously holding back detail then alarm bells ring.

Another BDG written all over it!