PINL:VLTAF - Post by User
Comment by
VentureTrader1on Aug 30, 2012 4:54pm
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Post# 20281640
RE: RE: This sucks!!
RE: RE: This sucks!! There are actually quite a few gold and silver stocks that have made reasonably convincing rebounds from the May lows, suggesting that for the better companies in the sector the turn-around has started. Unfortunately, VTR isn't in that category. Maybe if the entire sector rebounds and catches the public's imagination we'll get back above a dollar, just on the 'in a hurricane even pigs can fly' theory.
One thing that's becoming apparent (based on recent hiring, and board members) is the apparent relationship between VTR and EXN - which is another of the big pigs/wealth destroyers of the TSX development/junior producer universe. Check out the EXN chart for a preview of what's going to happen here.