PINL:VLTAF - Post by User
Post by
jdn55on Mar 23, 2012 1:39pm
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Post# 19710711
Valuations
Valuations FWIW folks it's not just VTR thats' undervalued. Pretty much all junior gold's in development stage have been hammered. I only have a small VTR position but a very large position in Ghana/Mali based AGG. AGG's Kobada deposit is smaller than Kiaka (but lot's of blue sky) but their recent PEA and deposit economics far surpass VTR and almost anything else I've seen. Same story as VTR, just wallowing away at a fraction of it's rational value. There are many more out there in the same boat. It's the markets folks and you have to be a patient investor right now. The only thing that will rejuvenate things IMO at present is a wave of M&A activity.
GLTA