Voltalia Ord Shs VLTAF

Weather the storm...

[Goldflow]

I guess all we can do right now is sit silently and try to weather the storm. Back in 2009 when the markets tumbled, along with gold stocks to all-time lows all that the gold companies had to do was weather the storm. Shortly after, gold stocks trippled and quadrippled after the markets recovered. Let's hope that history repeats itself(not like there's much to lose anymore anyways), and sit back and wait until hopefully the market recovers and we get at least a triple from here - though I don't think this will happen for at least another year. VTR isn't economical at this gold price level in my opinion, even if POG goes back to $1400+, in my opinion it won't matter(VTR would become slightly economical, but nobody is going to want to risk investing big money into a company just to make a small profit) - There will still be fear in gold, and nobody will want to touch it for awhile until the price is secure and firm. Only way that will happen, is of course if US's economy starts tanking, and by the looks of it, they're recovering and won't be printing a ton of money for a while. All that's left to do is weather the storm for a year, as hard as it is. There is nothing left that can save any of these gold stocks, whether it's big gold finds, feasibility studys or anything. Kevin should really consider keeping that $10 million they have left, and STOP depleting it. If we still had that $40 million we had about a year ago we'd be in a much better state that we are now. Cash is king right now, and I honestly don't know what Kevin is thinking right now, spending our only chance of survival left. Without cash, we will be nothing. I hope Kevin has an ace up his sleeve, but at this point, I think he's just winging it and hoping for the better. Anyways, good luck to all in weathering the storm.

[ALLEN4]

Goldflow, at the risk of annoying you again, I disagree on a number of fronts.  There is something that we can do besides weather the storm.  We are at a market extreme, a share price I certainly did not expect to see again.  We are either going off a cliff on the way to zero, we are going to stay at 16 cents forever, or we are going to get some kind of a recovery.  Not many

[ALLEN4]

Goldflow, at the risk of annoying you again, I disagree on a number of fronts.  There is something that we can do besides weather the storm.  We are at a market extreme, a share price I certainly did not expect to see again.  We are either going off a cliff on the way to zero, we are going to stay at 16 cents forever, or we are going to get some kind of a recovery.  Not many

[ALLEN4]

Goldflow, at the risk of annoying you again, I disagree on a number of fronts.  There is something that we can do besides weather the storm.  We are at a market extreme, a share price I certainly did not expect to see again.  We are either going off a cliff on the way to zero, we are going to stay at 16 cents forever, or we are going to get some kind of a recovery.  Not many

[Goldflow]

I appreciate your response, and I was never judging the price of gold based on today. You can see for the past while its been going down, so no I don't think POG will stay at $1260 like you stated. I meant that it will go below that, as POG almost never stays the same and is volatile. As for the feasibility study. What good will that do? Even if POG was around $1400 and VTR is slightly

[ALLEN4]

Fair enough, my sense is that the POG is going to recover and sooner than people think.   Just bought some more shares; share price may go down some more, short term, but I cannot imagine that we will not recover to at least 50 cents in a few months, and much higher after that if POG cooperates.