I reckon that the Venus nearology fixation demonstrates its failure as an investment strategy. But it also demonstrates the gullibility of retail investors who think it has legs. Matty is a tenement wheeler-dealer with a single strategy. He snares tenements around discoveries in the hope that the mineralisation extends to his tenements. Look closely at each project - it's near another prospective one. But nearology is not trendology and none of his plays has paid off, not a single one for the past 10 years.
My opinion
VMC Price at posting:
15.0¢ Sentiment: Sell Disclosure: Not Held
