Oh I'm around. I have been watching the sp and it's recent woes (also seeing you in the biotech threads... good for you making some money
Grabbed myself some BD1 today and may hold... Bios have gone wild lately. On that, these things come in cycles... money will return to gold).
Silly me, buying at 2.6c recently thinking that is a good buy ... and look at the sp now ... even better for buyers ... but I'm comfortable with my VEC holding currently ... I'd like to see the deal materialize now.
A while ago I bought shares in a gold producer, KBL .. and boy golly gee did they start to issue shares like it was going out of business. Some sp bounces every now and then, but eek! Timber! And then they did go out of business. Paying off debts. Paying off anything. Issued shares almost daily at one point... spiraled to oblivion. I got out a little before then, but at a large loss.
LRS is another one I bought into ... scandalous. Issued a mountain of shares at bargain basement prices to a company the CEOs son works for when CR. Pays the CEO an outrageous salary. Glad to be out of that rubbish.
VEC, imo, is not like these companies so far. We're talking about issuing shares for a world class asset with a large value of equipment on site. The execs don't get paid super well .. it's the incentives they're in it for imo. The sp is drifting lower now, sure, but where will it be when this gets over the line? I'm staying in.
