RE:Did anyone on this board attend this gig?
I've offen wondered how VIT was planning on replacing the ore the Company needed to remain viable in the future. A mine must replace ore otherwise it will simply run out and cease to be a mine. And the value of the shares would decline each year as a result of the approching end of the mine. Perhaps others new of the plan but this is the first I've heard of it. It was always understood there was more ore at depth at Eagle and although I knew about Olive, I did not realize VIT had an actual plan to truck the ore to eagle from Olive. After reviewing the extension project presentation, it appears to be a well developed plan. The plan looks feasible on paper but questions will arise about financing as this is usually the bottom line for the success of any project. Have to admit I'm a little encouraged.
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