PINL:VITFF - Post by User
Post by
freedom045on Mar 25, 2011 2:57pm
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Post# 18341993
Putting it all into perspective
Putting it all into perspectiveLet's see now, when we 'lost' 300K inferred oz, our market cap was basically cut in half. Now we gain approx 1MM oz and the share price jumped what? 10% 20% ? Hmmm... Just goes to show how incredibly stupid the market can be.
Well I suppose it's better than nothing and personally I was surprised to see the shares actually gained, as I almost expected the market to sell this down to zero, citing something rediculous like "... VIT only gained 50% on the resource estimate... " (yes this is sarcasm.)
As far as the 300K that was apparently lost, It's my belief that they didn't lose anything at all. All we have to do is drill a few more holes at the Helen zone and we'll easily prove up anything that was 'lost'.
Good luck to the longs