PINL:VLTAF - Post by User
Comment by
VentureTrader1on Mar 23, 2012 10:27am
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Post# 19709427
RE: Mali chatter
RE: Mali chatter What's incredibly sad is that both IMG and AVR, who actually mine IN MALI have performed better that Volta since the coup. So then is the market really saying that it's not Mali so much as that they just think Volta was overpriced at 4 million oz and now that they've added more gold they're even MORE overpriced at 5 million oz (with other properties and new relatively high-grade discovery)? IE, that $30 - $40 /oz is WAY TOO MUCH to pay for gold in the ground. Crazy,and really frustrating.