Victoria Gold Corp VITFF

KAM versus VIT apples and apples

[willibrich]

Yes it is so tough to compare market valuations of different mining companies KAM and VIT offer an opportunity to compare similar investment opportunities Both will be heap leach operations in Yukon KAM has 2.157 million oz. grading 1.45 gm. per tonne ( Jan 6, 2016 feasibility mine plan ) They have 6 million oz. total VIT has 6 million oz. grading .78 oz. / t KAM has cash costs projected at $ 482 U.S VIT has cash costs projected at $ 750 to 800 U.S. VIT projects production of 180,000 oz. per year. KAM projects production of 200,000 oz. per year ( Jan. 6 2016 feasibility ) Both have excellent management teams In the April 1 BNN interview with VIT CEO John McConnell , he tells of visits to the Kinross Fort Knox Alaska mine to see construction and mining ongoing. Fort Knox is a geological twin to the VIT Yukon deposit. Kinross and VIT have had a long friendly relationship. VIT is fully permitted and ready to go KAM is not yet fully permitted KAM' s gold is presently valued at $ 62 U.S. per oz. in the ground based on Friday's closing price of 1.87 VIT is valued at just under $ 19 U.S. per oz. in the ground, based on Friday's close of .315 On Jan. 20 , 2016 VIT traded at .20 On Jan. 20 , 2016 KAM traded at .85 Perhaps VIT has some catching up to do , particularly in light of the upcoming drill results. KAM is followed by many analysts and has had a lot more publicity. Of course all of the juniors have been totally trashed over the last 5 years, with capitulation the order of the day.