Go for Gold!!!!
VRE could/should open on Wednesday up 25 per cent or more doudou.
And that my friend would still only put it at .19c per share making up for Tuesday's short-sighted market sell-off and resultant losses.
With all the 'good news/results/production figures/revenues/reserves' fast approaching, coupled with tonights rate cut, VRE's Bronzewing mine's future is now assured for many years to come, and looking the best it ever has IMO.
CNBC guest commentator 'Winmill' just called Gold a 'must' buy now and predicted a 20% - 60% increase in value within the next 6 months.
The yanks will be flooding our ASX shores with 'Buys' on anything and everything Gold as a result of the rate cut, and given the state of their market IMO.
No sympathy for those that got off the bus today, and will almost certainly be left behind now as a result.
Good luck trying to buy them back!
Sellers were very thin on all levels at close, and that was before the rate cut was announced.
It will be one way traffic on the way up, that's for sure!
wrxsti
Go for Gold!!!!VRE could/should open on Wednesday up 25 per cent...
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