For those that are on the sidelines thinking shall i buy..
.................
VRE has a gold resource at bronzewing of 5440000oz and a nickel resource at carnilya of 17800 t which WITH their jv with mincor gives them a 30% slice and at US$41,000 per tonne their 5340 tonnes is an inground value of US$220M!
the bronzewing teniment is also an enormous exploration area that consists of a 1000sq km area within 60km of the plant that is within the yandal belt that hosts a number of major gold mining operations, with more than 8 million oz of gold produced from the belt in the last decade......
so to put it in a nutshell i dont think we have seen anything yet!!
forget about all the would be explorers ..this is a QUALITY explorer come producer that is likely to be handing out good news on a regular basis..
IMO the current sp is a screaming buy..dont let this baby go..
phil..
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