VML General Comments - Chat, page-6741

All this down ramping talk of doom and gloom on VML seems very overdone and one never knows what the true motives are from posters on HC.

People here on HC complaining about being down in their VML investment and publicly declaring they are unhappily selling out to crystallise their losses should probably not invest in small caps and look to less volatility, lesser return assets like a bank term deposit. Even companies like BHP can drop 25% in share value in 5 weeks (mid 2022). Entry and exit timing can be helped by good technical analysis but there is often unforeseen surprises. Alternatively, before you sell your shares and crystallise your losses, consider whether the experienced mining investors that have just invested a lot more $ than you or me, having completed extensive due diligence by mining an finance professionals prior to investing, might know more than us smaller share holders. Of course I am referring to:

$45m placement at 0.04 by sophisticated investors including $30m by Lionhead who are a mining focused private investment firm.
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$5m (Canadian $) interest free loan by Canadian Government to bring business to commercialisation with repayments commencing April 2024