VRE 0.00% 2.0¢ view resources ltd

I bailed last week for a painful loss at 21/21.5 for these very...

  1. 2,899 Posts.
    I bailed last week for a painful loss at 21/21.5 for these very reasons , similar position to BMO about 1 year ago ... gold was coming out and i thought that the company was doing fine , shares just kept on falling with persistent big parcels dumped ... I bailed at about 25.5c a couple of weeks before it went belly up ... the similarities with VRE are quite scary. I think VRE will survive , but it wouldn't suprise me if the shares fall into the 15/16c region before any decent recovery. I will buy back in when a more confirmed BW production info is available and the Ni ops are up and running. Good luck to those braves souls with the guts to ride it out ...
 
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Currently unlisted public company.

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