VEC are one of the cheapest gold plays regardless of the...

VEC are one of the cheapest gold plays regardless of the impending acquisition.

1. drilling happening right now, started on the 5th of September at there flagship Kabotshome prospect with a JORC of 421,000 oz looking to extend it to one million oz, open to the north and south alone strike and at depth and is surrounded by massive gold mines including one with a staggering 70 million oz
   
   in terms of T/A last month we had the big shakeout and it has now found a floor of 1.1c and has consolidated and has now coiled nicely looking to breakout imo.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   in terms of the major catalyst, the acquisition you have the flowing company's to compare with
   
   GCY - 2.3 million 0z, MC 180 million
   DEG 1.2 million oz, MC 60 million ( plus pilbara hype)
   WAF 2.2 million 0z, MC 230 million ( African land holding simular political risk to VEC)
   CDV 3.8 million oz, mc 250 million
   MOY 1.3 million oz, MC 140 million
   VEC 421,ooooz currently, potential to upgrade to 1 million oz, plus 3 million oz acquisition
   worst case VEC 3.4 million oz, mc 15 million ( given others I would estimate it could have a 200 million MC?)
   
   of course the acquisition will come at a cost but still from a 15 million MC to a potential 200 million MC there should be plenty of upside for everyone involved.