forgotten basemetal dog

With good reason actually.

No posts for months, trading below cash backing, copper/cobalt/nickel/zinc resouces in Finland, PFS completed and looking for aquisitions.

Some thoughts;

1. VCN sold more than its fair share of snake oil to its own shareholders during crazy 06/08 period on the .
2. Used over optimistic cobalt price assumptions (which in turn translated into BS CuEq values) that would make CMR proud.
3. Raised massive amount of cash when i suspect they knew the BFS would not stand up to pay for the next point.
4. $4M/year in admin and nothing to show. Golf anyone?

Despite this will probably edge towards cash backing of 12-12.5c with recovery in metal prices.