OTCPK:VDMRF - Post by User
Post by
Sciencegeek1on May 03, 2021 11:57am
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Post# 33114379
I love these guys...
I love these guys...Despite the constant whining on this board and the lack of confidence from people who 'Claim' to actually own shares of this company, somehow this managment ignores all this noise and continues to impress me by sticking with what is relevant to moving the project forward and ensuring SP value for investors. Like a former president was fond of saying "It's like nobody has ever seen before...".
Management just announced a private placement to raise 2 million at 1.7x the current SP and some people are still crying because they have not heard an update yet on the resource estimate. Incredible. I guarentee that when they do release that new estimate (and it will be higher than the current), these same people will quickly find something else to complain about like a lack of announcing a JV partner or or maybe blaming them for bad weather. Iron prices are higher than they have ever been, but just watch for it. These same names you keep seeing will be out there complaining about something. The stock has gone up 5X this year, but don't worry these guys whining about this or that have it all figured out and think the management is doing a terrible job.
My message to managment? Guys keep doing what you are doing, and those of us who undertand the strategy and the difficulty appreciate your efforts and look forward to celebrating when the bankable feasbility study is done in 2 years.