Ann: Voluntary Suspension Extension, page-42

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Gman2

523 Posts.

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23/09/18

09:38

Post #: 35779868
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Originally posted by bageo1 ↑

I thought VIC already owned Bonaparte?

Why is there doom and gloom?

Game playing, VIC is still a gamble and may yet rebound to 0.02-0.03. Buying a few million shares at 0.002-0.003 would make a nice profit if a lot of retailers rush for the door after suspension. Regardless of the outcome.

I think a number of people including myself in part saw what occurred with other cobalt explorers and jumped a little early before due diligence

The companies past statements have in my view been hype which others may have decided to throw a few K at in hope of a “fast tracking” of profit

The AFP article in April 2018 didn’t cast a good light over management

It sounds like more than a few went all in on this one and with $20k to $60k on the line they are a little angry

What does happens if the suspension is indefinite? What happens if VIC is delisted?

And l fall into points 2 & 3. My fault for not doing my own due diligence. Probably done with explores now. May stick with small companies that are in the early stages of production like PLS as an example at least management have proven they can creat some value.

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At the end of the day VIC still owns the cobalt plays.... no indication that they are dropping these projects... delays yes, but, potential to become company changers still there... fundamentals have not changed
VIC Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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Ann: Voluntary Suspension Extension, page-42

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