VIL 0.00% 1.6¢ verus investments limited

GiddyYupYou maybe right but as most of what both company's are...

  1. 169 Posts.
    GiddyYup


    You maybe right but as most of what both company's are bringing to the table are still to be valued including the cash that Pass hold it makes it hard to determine if this is a good deal or not.

    The shares at 2.5 cents each represent over 9 million dollars this could fund a lot of drilling in the fausse point project.
    Of which we all ready have a majority share and/or perhaps gain more exposure to Bongo which cost us $1 million initially.

    As for Pass's assets the primary targets at bullseye have been drained and the income is coming from secondary formations and the rest will require further cash to complete.

    Its not my intention to down ramp, But I have been in vil for some time and the relationship between GGP, Pass and Vil is unusual to say the least.

    Woody
 
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