thoughts on spp and placement, page-6

Troutfisho,

I wish I could be as up beat as you.

I'm out, but will watch with interest.

I can't see it running hard for a long time. If (when) it runs then there will be time to get back on.

The straw that has broken the camels back - What sort of two bit company is VCR that can't raise $10m, except from almost threatening the shareholders of financial armageddon if they don't participate.

The finincial crisis is bad, however Bank's in Australia are still lending to & for good business. So nobody in the entire world (including sophisticated investors) are willing to cut a chq for a losy $10m with a pot of gold in sight??

This implies that either the management is incapable of putting forward a compelling case or the Lending institutions/ investors don't see this as being viable either.

I only see a sale (at giving away the farm prices) the best of a bad bunch of options.

My opinions only. Good luck to all that hang on for the ride.