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Valmie Resources Inc (OTCMKTS:VMRI<\/a>) has had a pretty impressive year so far. The ticker has managed to gain a lot of altitude and keep most of it. The volumes in the past couple of months have also increased significantly.<\/p>\n<\/p>\n
This is all rather strange, especially when you consider the fact that the company’s market cap has already climbed above $130 million. This is simply huge for an OTC entity bearing the skull & crossbones sign and having the following numbers in its latest financial report.<\/p>\n
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- cash: $24 thousand<\/li>\n
- total assets: $58 thousand<\/li>\n
- total liabilities: $268 thousand<\/li>\n
- revenues: ZERO<\/li>\n
- net loss: $83 thousand<\/li>\n<\/ul>\n
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This is simply ridiculous, but it doesn’t seem to bother VMRI<\/a>.<\/strong> The company experienced some serious corrections recently, but began climbing the charts once again and has already recorded the past six consecutive sessions in the green.<\/p>\n
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It ended last week with another 9.44% gain, closing at $1.92. A total of 887 thousand traded shares generated $1.7 million in daily dollar volume, making VMRI<\/a><\/strong> one of the most heavily traded stocks on the OTC marketplace.<\/p>\n
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