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Vantex Resources Ltd V.VAX

Alternate Symbol(s):  VANTF

Vantex Resources Ltd. is a Canada-based company engaged in acquiring, exploring, appraising and developing mining mineral properties. The Company has a 100% in 10 mining cells located in the Clericy Township. Its position in this geological sector is due to its proximity to the Destor-Porcupine fault and the presence of numerous gold occurrences in this sector.


TSXV:VAX - Post by User

Bullboard Posts
Comment by azampson Mar 09, 2011 6:37pm
212 Views
Post# 18262060

RE: RE: Pattern of News Releases Unchanged...

RE: RE: Pattern of News Releases Unchanged...Its too bad I invested at a higher price, had I known I would have bought at these prices instead of in the 40s. I didnt take a look at the historical news of the company but it would make sense if they are following a trend. A few posts ago I mentioned I felt some news was going to strike followed by a rally in both VAX and BTR. Well unfortunately it did not happen with VAX however very heavy volume in BTR and went up over 9% for some time today. Since october when we saw Vax rally, it was initially BTR that rallied first. Up until the end of the boom for these companies it has always been BTR starting along with a small delay then VAX rallying. Maybe it will start again, hopefully.

I also would think that these small companies have a lot of expenses to pay, which may cause them to think more short term. A man like McEwan who comes from a history of much larger gold companies, may think more long term and we all know he has pull in Vantex. So maybe this company is no longer a stock we see rise just as fast as it falls, maybe it is aiming for a more steady growth for long term goals. Or then again tomorrow it can open 1000% up, but that is just wishful thinking ;).

GLTA
Bullboard Posts