Just general mining malaise I think. There aren't many miners that getting a bit hammered lately. Bloody aussie dollar to blame I think. VRE is a good story - plenty of cash, mining commenced and holds good grades of Nickel. May be a little patience required and this will be approriately rewarded on VRE. Technically it could be forming a clasic double bottom on this move down - if it bounces back to the 7.7-7.8 level get into them.
VRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held