Voltalia Ord Shs VLTAF

How low can you go?

[onematch]

This is, without a doubt, the strangest behaving market I've ever seen in my 25 years of investing. However, as long as you've got the patience to wait until VTR builds a mine, or more likely gets bought out, the returns will be well worth it. I'm long and over weight on Volta, and sleep very well at night (other than dreaming about robbing a bank so I can buy even more :-))

Knowing that I'm in at an average price well below the fully subscribed pp (though still offside by 50 cents a share!) I'm feeling very confident about this big bet I've made.

Love the commentary on this board (well, most of it.)

GLTA

[VentureTrader1]

I agree with you're comment on the strange behaviour of this market.  It feels like 2008, only exclusively limited to the gold sector.  But 2008 at least made sense from a macro-economic point of view.  The brutal selling in the golds against a gold price that's still solidly in an uptrend is really hard to explain, other than as a self-fueling trend.  Really does

[gold_diggers1]

Well, how low?  It's time to do a little number crunching to show how VTR is valuated by sellers in this market.  Please note: - I have reduced the cash on hand to $45mil. - Inferred resource is only valued at 20% while M&I is valued 100%.  - I have shown all the way down to $.30 area where VTR will be traded at cash or less than cash situations. From current valuations of

[gold_diggers1]

Sorry, the tables got cut off.  Let me try again.... . Well, how low?  It's time to do a little number crunching to show how VTR is valuated by sellers in this market.  Please note: - I have reduced the cash on hand to $45mil. - Inferred resource is only valued at 20% while M&I is valued 100%.  - Outstanding shares is 155mil - I have shown all the way down to $.30 area

[YOURBOSS8]

[Bpultra]

I agree with you're comment on the strange behaviour of this market. It feels like 2008, only exclusively limited to the gold sector. But 2008 at least made sense from a macro-economic point of view. The brutal selling in the golds against a gold price that's still solidly in an uptrend is really hard to explain, other than as a self-fueling trend. Really does illustrate again, though, how