Well Kori, no surprises with the announcement, it just scraped over the 1M but the fact remains VAN is out of cash and no where to go, so what does the future hold? well today should be the day that "someone" puts up the cash to develop the resource however the odds of that happening I think are next to none....so more dilution?...again....probably. VAN wouldn't be out of cash as it is today if the company funds were properly managed. The facts are theres still no clear path ahead, more drilling = more expense of which VAN has no money to pay. VAN is ripe for a takeover with the new announcement.
I personally believe there has never been true conviction to actually mine anything by the current management as if there had been we wouldn't be talking now, the path to this point has been ridiculously slow and expensive.
I sincerely hope Im wrong on all accounts as being wrong will benefit everyone, time will tell.
VAN Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
