GREY:VITFF - Post by User
Post by
willibrichon Apr 04, 2016 2:56pm
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Post# 24728873
Kinross will take VIT over
Kinross will take VIT over
Kinross will take us out for the following reasons. They already have 25 % of our stock A permit ready resource of 4.5 million oz. indicated and 1.5 million oz. inferred. No country risk Available highly skilled miners in area Infrastructure present , power line close by and all weather road to site Look at the metrics presently. With 6 million oz reserves and a market cap today of $ 90 million Canadian, the market is saying that the gold is worth only $ 15 Canadian per .oz in the ground. This stock is severely undervalued I was hoping that gold would go up another 100 bucks or so and give this stock a chance to catch up. With lots of cash on hand , Kinross management will likely chose to act sooner than later Just my opinion of course