All comes down to lack of transparency. Sentiment was high when Geoff was putting out update after update…. However a few red flags have come up since which makes investors question the business… especially when the information on financials of the project / profit sharing arrangements really isn’t that clear. Once new management kick a few goals sentiment will change… until then it seems a bit doomed. Would be great if there was a scoping study or something to go off for the project… until then I fear it’s much smaller than what I first thought. Time will tell.
VML Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
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