outlook., page-10

For a co. with a resource of major substance, who are on the verge of releasing an updated resource, this is quite laughable. No buyers at al; only feeble amounts in the depth who are being sold in to..causing losses such as today. What are we missing?? Have the good times come and gone? Me hopes not... :-(

Let's review the facts:

YRR's resource = pre-emptively excellent, subject to release of new resource

Management = very bad record has been demonstrated. Very low percentage of undertakings have been carried out as promised to shareholders.

Timing record = appauling

Shareprice history = falling - no support, mainly due to dilution without asset gain

Asset accumulation record = appauling, due to an endless buying pattern of worthless, yet grossly overvalued tenements, acquired by giving away the majority of YRR to related parties.

Co. outlook = If a party with seriously deep pockets (who has NO relation to YRR!!!) does a deal with them to mine their vanadium, this will be worth a lot. But considering the continued selling, this is not likely.

I am a serious holder, and am livered about where this is now. If the projections of certain co. representatives will not materialise, things will be a lot different for me. I could have invested in LNC, WVL, to name a couple.
If YRR enjoys some well-earnt, serious support, I will be satisfied, but I am certainly not expecting miracles from this point...not in YRR.

I maintain this is cheap, but where is the support.