Hi All, Just a few thoughts, I know it's as frustrating for you all as it is for me to see the stock languishing where it is. Some people contend that it is a rip off and that the company are incompetant etc, etc. However theres a few things that you should give thought to ,the VSE itself is at its lowest point for some years ,the state of gold is not entirely healthy The company continues to maintain a full time office and staff and can always be contacted ,they have little or no income ,the last pp's were carried by the insiders they have a geological team on the ground proving up properties ,they continue to plod on against all odds , now if it was a rip off do you seriously think the insiders would have carried the pp? do you think they would continue with the exploration if it was a rip off or if they did not believe in the potential , my guess is if it was a scam by this time you would have great difficulty in contacting anyone and the operation would have folded a while ago , me I'm long I don't have a lot of cash but I will be buying next week not a lot just a few thousand at these prices it must be a gift, now I'm not advising anyone else to buy ,we all make our own decisions ,I know as I said it's frustrating but if I was in the companies situation I would not make any more releases until I could follow them up with other ones , the last results were good positive results but we had no follow through with other positive releases , just a few thoughts to mull over
Regards
John (the eternal optomist) |