PINL:VLTAF - Post by User
Comment by
VentureTrader1on Nov 07, 2012 1:21pm
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Post# 20572710
RE: RE: RE: vtr hanging in .. so far
RE: RE: RE: vtr hanging in .. so far My 'black clouds' comment wasn't about real black clouds, it was about market perception - imaginary black clouds. But just because the market is (in my opinion at least) delusional about VTR's prospects doesn't mean it's obligated to come to its senses any time soon. So even though I agree, the company's in a different league than a lot of the venture stuff, the reality is that right now it's being treated by the market on par with the most speculative new issue 'me and my buddies bought up some moose pasture and got a few shovels, give us some money so we can find us some gold' junk.
I expect (and hope) this perception will change, but I agree with gd1, without some statement on financing, it's not going to happen any time soon, and the company's as much as said that they won't make any statement on financing until after the feasibility study's out.