GREY:VITFF - Post by User
Post by
bajanjohnon Apr 20, 2011 11:00pm
487 Views
Post# 18466346
Trader you are correct
Trader you are correct
The last several days the last trade of the day has sent VIT down 2-3 cents every day, They have been sales less than the bid. But on the other hand, the share price has not moved significantly higher the next day. Perhaps a day trader, maybe not.The bottom line is that VIT is valued at less than $40.00/oz, wheras it should be valued at at least $70.00/120.00?oz, and I am onlly talking about Dublin Gultch ( I think that Cove,Santa fe,Windy Point,etc should present some extra value.)
Again VIT is so far undervalued, it is screaming for a release point or a release reason. Perhaps Mgt. will supply one soon.
Bajanjohn