RE:RE:RE:RE:RE:Secondary Bought Deal by OrionHi again and thanks for your post. I am by far no historic expert here and I think its very unlikely that VGC is bought from Orion that wont happen and yes VGC wasnt cheap at 20 Cad but if they deliver on their plan the 15 to 20 Cad is fair valued there and at 12'Cad they arent too expensive. Yes they hedged Gold but they are flexible in the 1500 to 1900 range and have floor and high as limit. So whatever the PoG will be they earn money even at their All in costs from q3 or? I think if they deliver on their reduced outlook for q4 it will be very good. Yes they should have done a PP for exploration campaign but so they show the market that there will be no more dilution which may create more shareholder value in the long term vs the fear that they dilute further for drilling. I think at this current 12 cad level its not a bad call and VGC has decent risk reward ratio but Iam open for fair discussions :) best from Germany Tec