PINL:VLTAF - Post by User
Post by
ALLEN4on Jun 16, 2010 12:37pm
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Post# 17194204
market reaction
market reaction
I expect that this will be one of those instances where we will have a delayed but significant reaction in the market to the news in respect to the use of proceeds. Volta has set out an ambitious and diversified plan for exploration (as well as technical studies to further de-risk Kiaka). Now the institutional investors will take a day or two, have their board meetings, and decide that it might be a good idea to invest in a well-managed company, which follows through on its execution promises, which has good properties in a mining friendly jurisdiction, and which is going to aggressively explore for one of the hottest investment commodities going today - GOLD!. The further news re: Nassara just provides evidence that this is not just talk. Add to this the pending NI43-101 and I think we will see some serious money moving in to grab a piece of the action.