RE: RE: #79#33 (Canaccord) has been good at it to
#73 (Cormark) sold a bit yesterday
I bet that we close around $1,55 today,
it would be 5th down day in a row, they are (institutions) letting VTR go down
Go back a year or two ago nobody would have been able to predict that VTR
could be trading at this level with POG $1850 & on top of this a revised number of over 4 million ounces
at Kiaka.
Everybody would have called you crazy
What i'm scared of is if we get a correction in the POG they (institutions) could try to bring the price down
to the level before KIaka revised number (below $1,40)
I know that long term it is bullish but......
Any comment
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You are correct.. if POG corrects.. and we have red markets all over there will be downward pressure on VTR.. but the VTR story has not changed .. they have good drill results they are cashed up.. so even if it goes to 1.40 so be it.. just means a guy will have to wait a bit longer .. you can't beat these MM's all you can do is weave and dodge and play with them and try and steal the odd bone from them... this VTR is acting so much like the early days of KGN it is unreal... even copying the last PP movement.. KGN went under the 7.50 for awhile as well.. just like we have VTR now under the 1.90 PP.. the MM's probably shorted starting from the 2's before they release the PP and you can see they are still playing... they make money coming and going.. you just have to accept that this is the crooked game we are in... and either you join in and play or stay out... I had over 100,000 shares of KGN before the 2008 crash and KGN was sitting at around 5.50 I rode those 100,000 shares to 55 cents .. now that was stressful .. most stressful time ever in my stock life.. but scratched up even more money on the way back up and bought 10,000 share blocks under a buck... I sold some of those at 9.20... KGN is now at 7.70 .. I still own maybe to much KGN but they say we have a 12.00 12 month target.. so keeps a guy hooked .. but to have VTR drop 40-50 cents to me is no big deal I have some VTR I bought in the 2.40 range..allot .(used some KGN sold money) . and it is red red red.. but for me the story has not changed just have to wait it out.. and in the mean time try take some more money from these banksters when I can.. my 2-cents for what it is worth