Victoria Gold Corp VITFF

intteresting contrarian

[jboomboom]

these are comments from a tout site that i plucked from another board....given barrick's recent Rio tinto 'takeout'...wonder who ends up on the shortend.. one has to be highly alerted to anyone with decent drill results therein. Barrick Gold is also biased. Do you want to know how bias works in the financial industry?Watch the movie, "Waiting", about shenanigans taking place at arestaurant. At one point, the manager is instructing his waiters andgiving them a pep talk before the shift starts and he says, "Push the fish(on the customers), it's about to turn (go bad, and spoil)." I've done similar; it's most economic to sell a stock when it ispeaking, when it's ripe, before it goes bad and goes down, such as when alarge private placement is about to come free trading. But numeroustimes, I've quietly sold stocks long after a promotion, when I could tellthat things were not working out at the company as I had expected them towhen I wrote about them. That way is more honest. Getting back to Barrick Gold's bias. Lately, they've been sayingthat they have no "company" hedges. But it's a half truth.They do have "project" hedges of over 9 million ounces on theirChile/Argentina project that might never be developed. Most of thosehedges were put on at about $350/oz. Looks like those hedges are nowat a $5.4 billion loss with gold now at $950. How is Barrick going to close out those hedges? How canthey? They are not making that much money. And they can'traise the capital to close out the hedges by selling shares to the market,not since bragging to the market that they have no hedges! Their"distortion of the truth" will come back to haunt them. I understand that many of you might own Barrick stock. So did I,back in 1999, and I sold it within 6 months. Anytime you move yourmoney into a new sector, sometimes it's wise to buy the biggest stocksfirst, just to get exposure to the sector very quickly. But at somepoint, you have to do your research, and figure out what might bebetter. Barrick is a loser. Sell Barrick. Take yourmoney, and buy the junior stocks that Barrick needs to buy replace theirdwindling reserves. You should buy the juniors before Barrick, or another major miner buysthem. One junior gold miner has moved from a new exploration to production inless than two years, which is a phenomenal achievement for such a tinymarket cap of a paltry $9.5 million. The company has been overlookedby nearly everyone, as the stock trades at $.50/share, and they areproducing over $1 million of high grade 1/4 oz./tonne gold annually.They just started shipping gold this January. But it's their copperdiscovery that caused me to buy the stock. They hit 41% copper over27 feet! They have not yet begun to process the copper, but whenthey do, I expect this stock to move up significantly. The realbenefit here is that this company is not likely to dilute the shares toexpand production; since they are making money now. The company does not have a 43-101 report, but with such high grades,they decided to skip the expensive exploration, and just get right tomining it. Their deposit is open at depth, which means they mightjust keep on mining and following what they find. For the name of this stock, please subscribe to the look at myportfolio. We offer a money back guarantee if you are notsatisfied. https://silverstockreport.com/customerservice.htm ======================= Here's what one man wrote to me today: Dear Jason, First I want to thank you for the opportunityto so easily be able to parallel your success to what ever degree I amable because you have openly made so much positive information availableconcerning Silver. I have been following your writings for several years now and have beena GATA le Metropole Cafe news letter subscriber since 1998. The fact that you make your trading portfolio available to all whodesire is a remarkable gift. Thank you for divulging so much of yourlabor for so little cost. This is a very generous act and I, forone, very much appreciate it. I also want to speak to your level of thoroughness in divulginginformation when you write or present as on "a look at my portfolio"site. Remarkable. Talk about covering all the bases!Sheesh! Again, thank you. I did not know until last night why I was waiting so long to pay for alook at your portfolio, but it was revealed to me with your Silver StockReport: Breakout! Buy Silver Stocks Now! https://silverstockreport.com/2008/breakout.html Obviously, . . . this was what I had been waiting forintuitively. Again, thank you for "the call to action". ======================= If you have trouble with passwords, or trouble during signup, pleaseemail " [e-mail]",as Greg will usually respond within 12 hours or less. If you would like to talk to someone in person, Greg the owner ofsilveriswealth.com, who handles my support, is now making his timeavailable for $250/hour, and you can email him at " [e-mail]". Sincerely, JasonHommel silverstockreport.com miningpedia.com