Post by
dollarhunter on Nov 25, 2009 9:27am
Cash flow???
Am I correct in understanding that VAA has no cash flow and less than $1/2 million in cash assets, or am I reading the financials wrong??? Anybody able to clear this up for me??? Holding for better days. Thanks in advance.
Regards, DH
Comment by
rborhi on Nov 27, 2009 2:20pm
What happened to the $5 million they picked up this year from selling one of their Brazilian assets??I would have thought they could have re-opened the diamond mine by now and get some money coming in, the economy has recovered somewhat.And they were going to use that $5 million for more sampling on another Brazilian property.Hasn't been a productive year for VAA...