See history of VRC funds management for graphite project...

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31/05/20

19:51

Post #: 44948265
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Originally posted by Plimmers: ↑

Thanks for your opinion Patsta. Everyone is entitled to a view and to lodge that view. a few people seem a little upset by what you have done your research and views. In my case not so I simply do not care. The information I look at and think through and the decisions I make lie with me. In my case I have invested and in your case you have not and at the end of the day neither should matter to the other.
I am interested to see how the next few months progress what facts emerge and what the company has to say. what happens down the toad is of mild interest only as I do not hold. At the end of the day VRC will have a share price in the main that reflects what it’s doing. that’s where by shares are and that’s where my interest is.

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See history of VRC funds management for graphite project development and mining! Two years on and still no light at the end of tunnel!

With too many issued share equity at such a lower price i.e. o.005 c recently and 1 c previously It would be very hard to make profit for the shareholders who recently bought shares! With over 250 million shares already traded in the last few days, it seems risk is widespread and there could be a panic selling to make profits!

More so, there is no guarantee that VRC would find the gold deposit it is hoping despite PDI nearology. Any gold project takes a minimum of 5 to 10 years for development after exploration. In VRC case, formal exploration yet to take place.

Doesn't it mean you are trying to find a ray of light in absolute darkness ? It may be very risky indeed!

VRC Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
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