What is VCN management like - in your opinion VCN holders? If the share price over the last 6 months is anything to go by?
URL management is frustrating in my opinion, they have done a good job spending lots of money on the Roseby project - but have failed miserably at getting someting viable and economic to market. 3 failed feasibility attempts - and still no Environmental Impact Statement produced.
Happy to have VCN merge with URL - but I want super tight controls on cash burn - no more URL large spend ups - we are to manage the cashflow and get something going - I believe both companies have enough drilling results to get on with a project and not waste anymore time on drilling.
I hope the VCN managers can keep a tight control on things - the URL team have got away with far too much in the past in my opinion.
Thoughts?
VCN Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held