PINL:VLTAF - Post by User
Comment by
gold_diggers1on Jul 09, 2012 10:22pm
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Post# 20096760
RE: Listen to this
RE: Listen to this wow, looking at all these juniors VTR, KGN, SSP, ORE, XRC.... there's absolutely no buying interests for these bulk tonnage low grade deposits, even though they have cash on hand and with PFS showing economical mines can be built as long as POG stays at $1300 - $1400 range if not going higher (whenever QE3 is announced). Trading volumes is below 100K except XRC with 117K.... With the trading that low and no buyers or sellers, I do wonder whether capitulation is truely done? Or will there be another one like VTR dropping to $.45 and bouncing right back? My junk bids are still at $.30s and $.10.
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On another note, when will the rest (70%) of drill results at Kiaka South come out? and the maiden 43-101 resource at Kiaka South? Early Q3 will be like in July? Or is it in Q3 i.e. Sept?
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GLTA