What is the upside of VRE?
Lots of shares out there already. Further dilution now.
Not a lot of gold. Slow in proving up more gold resources/reserves. Could be expensive to mine (underground).
Has a small share of useful nickel deposit, but a very good partner in Mincor. Why no further additions to this resource in recent times, or other Ni drilling?
My back of the envelope value for VRE is around 50-60 cents per share, assuming all goes well.
Fat prophets has been recommending VRE, which is one reason why I bought (besides the upside at 20 cents entry).
I welocme any thoughts of H/C members.
Loki
What is the upside of VRE?Lots of shares out there already....
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