PINL:VLTAF - Post by User
Comment by
ashcakeon Mar 09, 2011 8:08pm
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Post# 18262441
RE: RE: Wow 1.83
RE: RE: Wow 1.83The price action in the stock makes absolutely no sense to me especially during PDAC week when you would think Kevin would be telling the story to many investors and institutions unfamiliar with it and reinforcing with investors how well things are going. I bought another 5000 shares today. I own 50,000 shares and I am comfortable continuing to buy at these levels. I have no doubts we will see the stock with a strongly supported underlying NAV trade over 2.50 by August of this year. that's a pretty decent return from here if u ask me. Sure it could go a bit lower but news will be coming again and again through the next several months that will be sure to indicate a higher resource. Remember the metalurgical tests were very positive and this will be open pit with some potential for underground (and that;s just Kiaka). Analysts targets are $3.00 plus, gold market is stronger than ever and going to $2000 / ounce next 12-18 months. Poison pill slowed some "early" buyout speculation but my bet is 3.00 plus if there is one and it will be friendly. Not worrying at all and can sleep at night owning a lot of VTR....it's a great jr resource investment. Forget about day to day swings in the stock price.
Ash