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Visible Gold Mines Inc V.VGD

Alternate Symbol(s):  VGMIF

Visible Gold Mines Inc. is a Canada-based company engaged in exploring for major gold deposits in northwestern Quebec. The Company is involved in the acquisition and exploration of mineral properties with prospects for hosting gold and lithium mineral deposits. Its properties include Piko Property, Veronik Property, Horsefly Property, Doda Project, Doda Doverclif Project, Phooey Lake Project, MagaLi Project, NataLi Project, and CarLi Project. The Piko property is located approximately 10 kilometers (km) east of Magneto Investments’ Dumont Nickel project. The Veronik gold property is located about 75 km southeast of Hecla’s Casa Berardi gold mine. The Horsefly property is located in the Druillettes and Gradis townships, approximately 50 km south of the town of Chapais in the province of Quebec. The Doda property is located approximately 40 km south of the town of Chapais in the province of Quebec. The Doda Dovercliff property is located in the region of Rouyn-Noranda, Quebec.


TSXV:VGD - Post by User

Bullboard Posts
Comment by Antoninasson Apr 30, 2015 5:01pm
180 Views
Post# 23682663

RE:When You Have Facts...

RE:When You Have Facts...Oregonduck

To me, your critic, is not too impressive. when you say, "No insider has sold except for Goodmand & Co. recent 2 MILLION SHARES" , you make it sound like its no big deal. The fact is, it is a big deal when insiders sell 2 million shares and bring the SP down with their move because generally when insiders sell that many shares confidence in the market erodes as happened in this case with VGD, leaving people who invested BECAUSE of the backing of Goodman and McKewen holding shares worth in many cases less than half their original value. At the time I was told by IR that VGD was blindsided by the sale. I was also misled by the false timeline IR was telling me about the releasing of results. Who was behind pumping up a 9 cent stock that had yet to release any results to 26 cents? (close to a 300% increase) . According to Oregonduck it could not have been HEAVEN FORBID Goodman who benefited most selling his 2 million .10 shares and making a great profit at it. Boy, What timing to have sold when he did. Right Oregonduck !!
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