RE:RE:RE:RE:It was an all out no brainer!Well, I would hope that anyone investing in the majority of stocks on the vancouver exchange are doing so for speculation purposes and not for investing. I don't think you will find many of these junior stocks a real investment as opposed to speculation. Though there are exceptions. So we all should know that if no goods are discovered in this well being currently drilled, that this stock will tank. It will still have some money left but without the goods, it will no longer have the speculation factor attached to it. And the same can be said for most of the junior oil and gas companies out there and the mineral sector ones as well.
SuperMoney wrote: Quoted from VRY financial report released at August 29, 2014, page 6:
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" The ability of the Company to continue as a going concern and meet its commitments as they become due, including completion of the acquisition, exploration and development of its oil and gas properties, is dependent on the Company’s ability to obtain the necessary financing. ......The outcome of the results of the 2014 drilling program cannot be predicted at this time. If the Company is unable to discover hydrocarbons and/or to obtain additional financing, management may be required to curtail the Company’s operations."
Is this not a serious warning/concerns when you put your money on it?
Not a financial advice. It is only my thoughts.