VIC 25.0% 0.3¢ victory mines limited

Hey John I know of 8 ASX listed small cap mining companies...

  1. 407 Posts.
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    Hey John
    I know of 8 ASX listed small cap mining companies currently in suspension from the ASX for breaches, most for over 6 mths and no resolution insight.
    4 companies have grouped shareholders to claim 5% plus holding, others just gave up.
    Some investors are influenced with emotions and choose to believe what they choose, and are entitled to do so.
    In realality:
    1: VIC has been suspended for about 5 months
    2: some shareholders want the BOD replaced
    3: the company has no money
    4: company has no income
    5: ASX has its claws in.
    6: ASX want to crusify the current BOD
    Think about this....If you did not currently hold VIC shares and you were to put a current value on VIC shares, what would you value the stock?
    IMO
    Current Shareholder emotions = yes but we have assessts (or are they licences) will be the reply.
    Realality shareholder = At best, any new management would take 2 yrs plus to pull this back into line.
    Serious Realality shareholder = Arrivederci Roma, good bye, good bye my love, it’s over.
    Fight or perish is the question you must ask yourself.
    Good luck to All VIC shareholders and I sincerely hope I’m wrong.
 
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Currently unlisted public company.

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