VRX 3.13% 3.1¢ vrx silica limited

Long-time watcher of VRX, first time poster, and at this stage,...

  1. 1 Posts.
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    Long-time watcher of VRX, first time poster, and at this stage, I honestly think it's a flip of a coin (such is the game with small-cap miners). Don't get me wrong, management hasn't always made the decisions I believe would be best for the company, but I still firmly believe in the project's potential. Bruce's salary and their operating expenses are still too high for my liking; a cut to the bone here would likely be prudent, well-receive, and showcase the board's resolve. The main issue is the lack of quality communication, which I really can't justify, but I suppose no news is better than bad news when the EPA is involved.

    For those looking for some positivity, the lights are still on, the EPA hasn't said no, and Bruce hasn't run away just yet. You can still find him kicking around Perth if you know which restaurants to visit. For those who’ve sold or reduced their holdings, I wish you luck with all your future investments.

    DYOR & IMHO
 
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