VMS 9.09% 1.2¢ venture minerals limited

Today's Trading / General Commentary, page-81

  1. 4,582 Posts.
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    As at 4.7/4.8c I was contemplating to buy, even though I do not particularly like the cash position or the shares on issue when compared from a peer to peer comparison with other Nickel/Cobalt plays who have a market cap less and a proven resource - that was on the position that 4.6c held, it didn't.

    33% retrace from there, I'm now looking at 3c/3.1c for entry - then it is fairly priced on a peer to peer basis.

    Looking at the nearology play it is a 50/50.

    Regards, NL.
 
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