Interesting weeks ahead, if we don't get an announcement we will in any case get the quarterly report. Nickel up more than 20% this month and though no expectations, maybe a increased interest from the Chinese in the Vanadium..
And the gold, Spx surpassing 40 mln MC on Penny expectations alone. Rxl already up 100% from the lows earlier this year and Vmc seems to have so much more opportunities. If the next positive announcements aren't reflected in the share price I know what I would be doing if I was Spx. Take over VMC for bargain prices, increasing the Penny tenements, with a 30% stake in a gold mine, 3 mln cash and some interesting side projects on the horizon.
For now I value my oppies at zero but certainly there are possibilities to get them in the money. I like the wall at 15.5 cents just one tick above the best ask. With a 10 day AVG volume of 75.000 shares, it looks like games to me. Otherwise you would wait of book to fill your sell order once buys appear. But of course as a holder I have pink glasses, so maybe I am just seeing what I would like to see.
Cheers
VMC Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
