Also posted on SGV as a trade off might be happening march 12, 09 with your co.
So I'm pretty sure that some of the latest investors in VIT ,once they decide to cash in their chips, will buy more SGV from their winnings, bringing up SVG in the process. (notice that some SGV owner might have bought some VIT to do just that too)
Why?
if trade off is passed: they end up with VIT shares, which could go back down (not tangible) bigger gamble . But who cares what happens? Tthey were free shares purchased from their winnings.
if trade doesn't go on: they hold on to SVG shares with the gold, (tangible thus giving leverage for future possible purchases by bigger co who will know to keep their pencil sharper than VIT.
It will be a safer thing for them to stick with the Co that holds the gold and can still be purchased at bargain prices because of to the extraordinary economic circumstances we experienced in the last 6 months and the fact that we're in Canada where the investors are less numerous and let's admit it more conservative. Historically we're generous to the rest of the world with our natural ressources....
One way or another this whole storey put SVG on the radar for lots of investors who never knew us before. That's a positive that won't go away.