GREY:VITFF - Post by User
Post by
bajanjohnon Dec 04, 2011 10:13am
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Post# 19290245
Meeting Deadlines
Meeting Deadlines
As a long term VIT sharholder, two of the most solid posters with credibility have been Thomas and Chas. They are both bullish on VIT as am I. While we wait with anticipation for the upcoming BFS, and resource updates, I have one thing that bothers me. VIT in the past has been notorious for missing their own deadlines for these sort of releases. Over the years they have pushed back, without explanation, drilling results, mining operations(nevada)resource updates etc. Even on there current presentation , one chart says reserve update in 2012, they page they just omitted was calling for 4th qtr update, drilling results from Nevad as well as the BFS.
The VIT story is a good one however the mangement seems to be unable to deliver what they promise on their own imposed deadlines. Two years ago they were to be producing in 1st qtr of 2012., with production from Nevada as well, I realize that many times deadlines are missed by circumstances beyond their control, just tell us and why , so that many investors do not take a negative approach to of all the good things that are happening.
Here is hoping to a Dec. release of a blockbuster BFS, and maybe, just maybe, some drilling results and or a resource update.