GREY:VAALF - Post by User
Comment by
GnoBraineron Oct 22, 2008 1:38pm
444 Views
Post# 15540619
RE: RE: RE: Vaaldiam cuts costs, keeps Brauna
RE: RE: RE: Vaaldiam cuts costs, keeps BraunaI have to agree with blindbat with the fact that VAA went hog wild in spending, trying to leverage far too heavily. Cant believe that they didnt see that the dilution would shoot themselves in the foot. What was wrong turning a profit and re-investing that profit in exploration.
I sure hope they aren't thinking that this is mostly a result of the global market situation, because that massive dilution for no benefit to Joe investor for potentially 2-3 years begs for a sit back and see approach