Replies to post #17406 on Value Microcaps Junior Energy

[CPTMatt]

VLE up over 10% on pretty decent volume based on no news that I can find. I've been emailing the resource guy that works for a dude that runs a newsletter and is tied in with the hedge/SWF/family funds types of people.

Waiting to hear back from him. Maybe there is some greater interest starting to take hold finally? Might be wishful thinking but I'll take it on a big up day like today!

[nsomniyak]

TAT materials indicate they’re works by with s strategic advisor and expect indications of interest in Q2.

Do you think TAT will be sold? If so, what price might be expected?

Are asset sales more likely than selling the whole company?

[CPTMatt]

DRAirtime, VLE & TAT - Any thoughts you can provide regarding the potential currency crisis in Turkey would be appreciated. VLE is a rather large position for me.

Since these are resource plays their value shouldn't be impacted by a falling Lira however if capital controls are put in place in Turkey I can't see how that wouldn't impair investment capital in. Beyond capital controls I naturally view an economic crisis in countries like this as increasing the risk of nationalization of assets as they seek to control hard assets (eg Venezuela & Petrobras, etc).

It is awful timing given the delineation drilling set to start in Q3.