VIC 25.0% 0.3¢ victory mines limited

Ann: Annual Report to shareholders, page-24

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  1. 213 Posts.
    lightbulb Created with Sketch. 37
    While l have added to the negativity on this forum l do think we all need some prospective.

    1. Vic is a micro cap stock, highly volatile at this end of the market
    2. It’s not an ASX 200 company with 100’s-1000’s of staff doing admin with government agencies and 3rd parties reviewing contracts and fast tracking projects
    3. This end of the market is 100% high risk / a gamble and if you thought other wise you need your head checked
    4. While you would expect/ hope some order of corporate governance etc... you definitely at the wrong end of the market
    5. These explorers rarely go into production, they prove up the resource and sell it off
    6. If you went all in on this one l feel your pain but seriously who’s fault is that. You should know the risk

    I think VIC will trade again, l think we have all vented enough and should wait. Then we can vent again - hopefully not
 
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