Value Microcaps Junior Energy

[zenvesting]

VLE.to: I've been adding near the support level here. I expect it to firm up after the Turkish election, which will at least provide a more certain picture of the future, of which the worst case seems would be a continuation of Erdegron....which aside from the dramatic news headline...I don't think it would actually be detrimental to VLE and partner Statoil.

Also, looking forward to the drilling and testing to resume soon....seems they may have drilled their first well into a tighter part of the formation to demonstrate continuity, then the next one is going into an area where seismic shows a great degree of natural fracturing.

Their May 29th Investor Day presentation has been out for a while, but I didn't see anyone mention it here. Page 48 shows the seismic interpretation and slide 69/83 makes a very compelling case for the value in their reserves and land position: http://www.valeuraenergy.com/upload/media_element/111/02/valeura-2018-investor-day.pdf