XSO 0.80% 2,886.3 s&p/asx small ordinaries

The Brains Trust, page-10861

  1. 72 Posts.
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    Hi again Bundy,

    Doing some analysis tonight trying to piece this rise together...and having some fun trying to work out what next...

    This is what Rockshell Says on the VAN thread

    Vango hit some pretty great drilling result last year and now they got it again, with 20+g/t intersections. The results are very consistent now which means their exploration team have nailed it and they clearly know what they doing. It is not hard to see the value proposition in Vango compare to other junior gold mine companies. The management has been methodical too. Clear the debt, store up cash for mining, plus exciting drilling results. This is all happening and savvy investors are buying in

    This explanation seems possible but the buy side is very, very limited now, why so few sellers? Are they expecting further rises? Or is it a stock tightly held by long termers like myself and day traders have stayed away?

    Still no clarity
 
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