PINL:VITFF - Post by User
Post by
metalbrainon Oct 22, 2010 6:16pm
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Post# 17601327
Loaded Up
Loaded UpI loaded up with 40000 shares this week for I'm betting that we will see $2 in 2 weeks time. I first bought into VIT back in late 2007 @at 1.12, basically I watched how low it could go - it wasn't pretty but it sure presented an opportunity and so I continued to accumulate from 8 cents up to the mid 20's and sold off in Sept 2009 to get into ATC. I got into ATC on the reasoning that they had 3 drills going and news was due out at the time - it paid off with almost a double but I stayed in because of Metalcomplex's (known as Solobeamer to the VIT longs on the other board ) gifted understanding of geology and a strong hunch that Rau is in fact a multi-deposit trend - and with all the research I did, I had to agree with his hunch. Well it paid off big time and there is definitely a lot more upside but I'm betting that my profits in VIT will see a triple before they do in ATC. There are many solid reasons behind my move and some are very obvious but one that really sticks out was Metacomplex's geological conviction that their top notch properties that would see them become a producer, he was saying this 3 years ago and a lot has happened since then, especially the acquisition of Strata Gold and of course great drill results! It's too bad he's not around anymore for I have yet to come across a poster that could decipher a geological report for most anyone to understand - very handy! Also I'm quite sure he would be excited about the stage VIT is at right now and would most definitely have some great input to post on this board. Hope all is well for him!
It's been a long time coming but I believe VIT's turn is just around the corner as these next few news releases could seal the deal that they will in fact become a producer during gold's continuing rise.
GLTA!