Post by
threegrams on Sep 15, 2005 6:41am
Virginia drilling to date
Well for what ever the many reason, Virginia has had a major pullback.As I have said many times, we are shareholders of a magnificent property.
At this stage of development, Mining stocks run every which way the wind blows.
We have been very fortunate to get in early enjoyed a spectacular run
and good fortune to date.so as, too Tall (big john )said ,we were over priced for his liking, so away we go. lets see what the next news is ,maybe we are no longer open in all directions, if management just drills what we have to depth we will be well over 3 millions oz's .let give them time ,hell we have an major opportunity too buy more
we have a lot of drilling ahead, I will not second guess what news was released and what someone thinks they know.
The market is going to set what ever price the shareholders put on this stock ,by supply and demand ,that simple
we have todate 2,5 million oz's (my guess) huge money ,the best province in the country for finding a major property. great Tax advantages. etc
So we finallly are acting like a normal mining driller at this stage of development.
LET THE DRILLS SPEAK
Comment by
ChuLai70 on Sep 15, 2005 7:41am
All the drilling of late has been on the backside of the shareholders. The timing is troubling since gold is threatening new highs and the gold sector is also acting well. I'm hoping that since this company made a spectacular run while the rest of the sector languished over that time that it is indeed just a pausing correction while we await further affirmation to justify higher levels.