Game playing, VIC is still a gamble and may yet rebound to 0.02-0.03. Buying a few million shares at 0.002-0.003 would make a nice profit if a lot of retailers rush for the door after suspension. Regardless of the outcome.
I think a number of people including myself in part saw what occurred with other cobalt explorers and jumped a little early before due diligence
The companies past statements have in my view been hype which others may have decided to throw a few K at in hope of a “fast tracking” of profit
The AFP article in April 2018 didn’t cast a good light over management
It sounds like more than a few went all in on this one and with $20k to $60k on the line they are a little angry
What does happens if the suspension is indefinite? What happens if VIC is delisted?
And l fall into points 2 & 3. My fault for not doing my own due diligence. Probably done with explores now. May stick with small companies that are in the early stages of production like PLS as an example at least management have proven they can creat some value.
VIC Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
