RE: You might like this: VIT Analyst Meeting Oct 7I got curious about this Presentation - and contacted a friend dear to this board, CJ, and asked him about what was going on. What I got back was so clear and spoke for us all so well that I thought we HAD to share it. If you retails are at all interested about this (and I remember Chad saying to me a couple of years ago that there were only around 500 of us...perhaps more now), you should have a read below. El D
The Presentation
The purpose of flying so many Victoria team members in to Toronto for this event and gather a high-caliber audience was simple:
- Allow the analysts and large buy-side people to hear directly, in person, from each respective expert whether it is exploration, permitting, construction,etc. Each to talk in detail about what they are working on and be available for questioning from those who know what to ask and look for. ( Not familiar with a single other junior that has done this.) A company that was pessimistic or lacked confidence - or was concerned they were selling snake oil would not hold this kind of presentation...they would keep quiet and hide in a corner. Chad and the entire team want everyone to know about Victoria GOLD, understand it's story of so many components, facets, and huge upside. Victoria wants people to "kick the tires" and check the whole thing out. As a side note, I have not seen a single junior CEO work as tirelessly, traveling nonstop to promote VIT, as I have seen with Chad. I continually hear this feedback also.
- Demonstrate that we are very serious about progressing this company towards a multi-pronged production scheme, with continued big exploration upside at ALL properties. Most juniors do not have a fraction of our potential or a geographically desirable land package.
- Continue to blast the horns of announcement that not only have we found gold that is economic - BUT, unlike most all other juniors, we actually have the people to build it out and produce gold. That is an amazing strength. Our options are open on all ends...run with it all ourselves, build certain projects to certain points and sell that property off or JV it, or we progress the entire portfolio along so that a major wants to take the whole thing out for a premium price. A company with one land parcel and possible economic gold - but zero skill-set to bring it to production (except with outside help) is a sitting duck. Therefore, most likely it will be discounted in value, because everyone knows that they will have to come to the watering hole for help at some point. This is not Victoria Gold.
- Establish and proclaim our future goals and estimated benchmarks in the future. Review those we set in the past and have succeeded in achieving. Unlike many other juniors, we back up our talk and have produced tangible results. This is expected to continue.
IMO the greatest winners in the investment game over and over are those that find a large trend, get in early and ride it through. The same goes with investing in a junior. Sun Valley knows this as do the other successful holders. All the timing and jumping in and out is pure gambling.
This meeting today was not about a wake or funeral...this meeting was about a Victoria Chrysalis. We are on the cusp of transitioning from successful explorer to mid-tier producer. A rare feat that is not often matched.
We have many sharp solid investors, who have committed funds and resources that have heard the story, filtered it - and then have committed to ride along with Victoria Gold's large goal-set and aspirations. It is also fully understandable that some have not yet been convinced of a bar set high, seemingly too good to be true. Victoria Gold is out to prove itself and its goals. As it does those more afraid to dip their toes in the water will jump in.