All these experts..... trying to explain why this stock has been falling in price over two years. It's the financing, no it's the gold price, no it's mangement, no it's permits, and so on, BLA BLA BLA.. The fall has NOTHING to do with Victoria Gold, ALL resource stocks has been fallling over this period. If you are not aware of this fact already I feel very sorry for you. The stock price has nothing to do with the underlying fundamentals, if it had, Victoria Gold would have been going up, not down the last two years. A company that is only 1,5 years from cash flowing over $200 m year should not be trading at cash value in a freely and functional efficient market
So stop bashing Victoria Gold and start to figure out what is really moving this sector, if you can't explain that you will never be able to predict where individual stocks are heading since they don't move based on fundamentals.
Good luck!