Well Waz I will be the first bunny in the spot light.
1. I dont believe mining licence approval or otherwise will be forthcoming until the 3rd week of February 2020, at the earliest 2. The longer the M.L. decision takes, the weaker the share price will get. 3. A bottom for the share price prior to M.L. decision might be in the vicinity of $0.083 cents as lack of news flow weigh on the stock 4. The share price has peaked circa $0.165 cents past couple of runs so I think that area will be tough to break on the upside. 5. I intend to trade this stock and sell into the good news. There will be plenty of opportunities to re enter in the years ahead if all goes to plan. 6. My reasons for selling are my business. CSL is just about the only Oz stock to throw in the bottom draw. 7. When VRX is properly de risked it will become a good buy. Until then its all speculation. 8. I only punt what I can afford to loose. I own a healthy parcel but not millions like some on this thread. Purchased more REIT today.
Hope all holders prosper. Santa could be late this year.
VRX Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
