PINL:VLTAF - Post by User
Comment by
gold_diggers1on Jan 24, 2013 5:57pm
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Post# 20887095
RE: RE: A PLAINTIVE CRY IN THE WIND
RE: RE: A PLAINTIVE CRY IN THE WIND Buckshots69 = ".....I am still waiting for the price of gold to break out and get back to its historical high of $1900 an ounce, once the price of gold starts to move, I suspect VTR will be moving high too."
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No, I dont think so.....
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What I believe is this...... Once the BFS is done and provided it's a better one than the PFS.... in this current market, need to have better IRR, less initial capex, shorter payback period...etc... etc.... AND ROBUST FINANCINGS is in place to develop Kiaka....... then the sp will move higher than current levels and into $1, $2 range........
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Until then, people will continue to step onto VTR like there's no tomorrow..... who cares you have 6 millions oz of Au in the ground (at Kiaka alone)?!
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GLTA