VEC 0.00% 1.2¢ vector resources limited

Ann: Adidi-Kanga Gold Project Acquisition and Update, page-263

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  1. 5,172 Posts.
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    Ill go against popular thought here , but I do think VEC management will put together a small drilling program to build on the 3.2Mill existing JORC , in my opinion this would be the easiest drilling campaign ever ( At least the targets ) I should say ! I would also imagine it would be fast and therefore not to expensive as the hit as miss would be very much reduced.

    We have massive unreported wide spaced drilling already done "100" meters to "200" wide, that VEC have used to increase the Exploration Target to between 12.5Moz @3.8g/t to 25.2Moz @6.7g/t. VEC management has access to all the old core samples and data surrounding these results , management would not have to be cleaver to pick the spots to guarantee excellent drill results.

    What I want to see is a small drilling campaign ( To Increase JORC ) run in conjunction with the ( Already Started ) DFS

    A bit more dilution to the register will mean nothing when the JORC resource keeps growing , Moto gold mines sold Kibali for $US460mill there about's ( Andrew Steers ) VEC CFO involved there, I think VEC has a sad ass MC of $AU27Mill , while still holding the ( Potential ) same size resource as when Kibali was sold.

    As for Magna finance , I agree with everyone here , they need to go before the 90 Days is up !
    Last edited by apkjm: 15/03/19
 
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