PINL:VLTAF - Post by User
Comment by
Bpultraon Nov 16, 2010 3:39pm
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Post# 17714476
RE: RE: VTR dip
RE: RE: VTR dipBpultra,
The huge difference between KGN and VTR is the fact VTR has 3x as many shares oustanding.
When compared they both trade above $95 an oz
ORE however current price 3.50 ... @ 4.20 they are valued at $63 an oz with todays resource.
Match that with 120,000 mtrs of new drilling and the PEA's due in Jan2011 + the Uranium IPO and the fact they only have 71m shares o/s f/d I strongly suggest you take a look as I believe your $60k you put in VTR today offers much more profit opportunity in ORE.
Look at it this way buying ORE at these prices is equal to buying VTR @ 1.15 - 1.35 or less would you make that trade?
All the best and good luck.
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Yes I fully understand what you are saying
.. but I am hoping you have been in this game for a bit .. and maybe you are more of a long term player .. and I say that because of your technical analysis.. yes yes OZ'd's in the ground versus shares versus options versus etc etc... then we have the chart watchers and will buy and sell if the chart tells them... no disrespect but this is the venture and 1/2 of this technical crap does not not work.. one death at the mine .. (throw your charts out the window) Korea announces a rate increase throw everything out the window.. .. as you are seeing today... and lets hope that all the big boys holding the gold do not decide to sell all on one day.. heaven forbid.. LOL.. for me it is timing..and SP and stock history and I know VTR.. I do not know ORE .. but maybe I will look at it.. but to each their own... right now with this pull back and the pending NR coming out I am betting on VTR right now.. Can't say it will move quicker and better than your ORE .. because I have not done any DD on your ORE.. but I am here to make money and try and play the game better than the big boys that control the money and in fact this game.. GLTA
PS KGN right now is totally in another league