VMY - Information & Discussion, page-20

Purchasing those alligator river tenements and all the dilution at low prices that that created have absolutely killed the shareprice. And the fact that they are planning to "aggressively drill" the new tenements means that the funds recently raised will be burnt through quickly as drill campaigns are not cheap.
I said it before and ill say it again that it was a dumb move buying those tenements. They were not cheap at all when you have to issue shares at a low price to raise the funds. next cap raise will be at 5 cents if the uranium price doesn't go up.