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wall street interview, page-3

  1. 2,257 Posts.
    Wall Street Reporter interview with Tim Gooch, CEO of VRE. Thanks Bosshog, and agree entirely grahod.
    Its all compelling stuff for the rags to riches roads ahead for VRE IMO.

    You know what I got out of it most? Views current market cap around ONLY $125M.

    The Bronzewing infrastructure alone cost Gutnick/Newmont $100M to set up

    IN 1994!

    1994! 1994!

    Just imagine what it would cost to put together NOW!
    And it's all raring to go with 160 workers on the ground there NOW!
    And the first Gold pour will be any day NOW!
    And he's strongly tipping that Carnilya Hill Nickel Mine WILL be operating in the second half of this year!

    And if the Bronzewing infrastructure alone is worth more (tangible asset) than the current entire VRE market cap - let alone the infrastructure already set up at Carnilya Hill, let alone the proven Gold Reserves, let alone the proven Nickel Reserves, let alone the additional and on-going exploration to come, let alone the $15.5M in the bank, ............................... where is this thing going to take the patient and faithfull? And to think it's market cap was just $25M in June last year ..................... and it's still no where near a true and concise valuation!

    Imagine!

    Wall Street Reporter link as follows:

    http://www.wallstreetreporter.com/profile.php?id=23733


    wrxsti
 
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