For tomorrow...Thanks BBHi Bemabeamer,
My first post here - a newbie compared to many on this board, which quite frankly, is such a relief to read in comparison to other boards. Even the bashers have to be relatively discreet, as they will be sent packing!
Let me say that I am not a joiner - but I have been reading this board for some time. From wondering if your drive to share had some perhaps deeper and less altruistic motive than what it seemed (sorry, I have been a street-fighter for far too long to believe much at first blush), I have come to so appreciate your information - and particularly passion - for this play. Around your willingness to give so much of the information that you have gleaned has grown a great group of characters - divergent, yes! Self-motivated - yes! Focused on what appears to be a magnificent property (group of properties) - yes! What a fabulous read - it made going off and doing the research SO much easier. I came to very much believe in VIT - and, to my capabilities, am in quite large and, hopefully, long.
I might add that you have had phone conversations with a Dansk friend of mine - I am supposed to be the voice of reason to his enthusiasm, but we are both as bad as each other in our feelings for VIT.
I don't know much about the act of mining...and maybe not much about investing in shares, BemaB, but I do know quite a bit about the capacity for belief and about power-plays. I deal daily with people who have often never heard the word "no" in their lives - and who sometimes think that the sunlight pours out of every orifice on their body. They can be beat - paticularly if you don't give in to their whim. And I see this here.
Today I read your posts immediately after this pathetic bit of theatre that happened right before the close...and this play was what an old teacher of mine used to call "really dreary stuff"...this release was designed to kick everyone below the waistline...and did a pretty good job of it too - and I could see that it knocked you sideways for a time (me too - and thanks to Attila for getting us all to take a deep breath and read the thing a couple of times...GT too). But if this was the companies doing, they are lesser men for it. Don't lose heart - we don't get mad...we just get even!
I think that the geologists are right, and that you are right, and that many on this board who also have the passion are also right - so do not give in to the tactic. It is always great to say "Well, I got this for only this much...ain't I clever?!" When the real kudos should go to those who said "Well, we all saw it was possibly going to be great - and supported it through thick and thin".
What makes a company great is the cumulative belief and value that the individuals (shareholders) place on it. Management often forgets this - it is indeed those guys who risked their asses to support a fledgling business to do exactly what perhaps eventually makes it great - that makes a company what it is. MacDonalds is not as big as it is because of how great their hamburgers supposedly are. Day-traders have a passion independent of any specific company, as do many predators. So, you might think you are doing great to buy at .70 - but how much better to buy tomorrow at 0600 at .98 - and not let it slide!
Look at the numbers...off day, a little down, based on around 400K share trades - then the dump of another 400K in the last half hour, with all the stops pulled out. How transparent.
So stuff it in the face of those who would choose to play with you - and raid the piggy bank - and support that which you believe in! Or take a walk and lick your wounds...your choice.
Thanks for letting me wind up here - GLTA
El Dreco