TSXV:VER.H - Post by User
Post by
prospector11on May 21, 2012 1:38am
319 Views
Post# 19930395
James West.................
James West.................This analysis should apply equally to VRS and Aura. The last two sentences tell the story.
----------------------------------------------------------------------
|
|
A Comment -- General Comments From an Expert |
A Commentary |
0.020 |
Markets. The whole commodity TSX Venture has been extremely oversold. Juniors, in some cases, have lost up to 80% of their value as they approach zero cash position and there is some question about access to capital going forward. There are a lot of incredible deals out there right now but the market doesn't differentiate between a good and the bad. The best case scenario would be near-term producer with all of the financing in place to build everything they need to go to production. You also want jurisdictions where you are not going to suffer political risk exposure. |
2012-05-16 |