GREY:VITFF - Post by User
Comment by
blobboyon Apr 23, 2016 12:44am
230 Views
Post# 24801782
RE:PP - Vote of confidence.
RE:PP - Vote of confidence.absolutely, the only thing that has changed is that VIT is no longer under the radar. We could go on to see a 10 million ounce deposit here when we include the satellite concessions. Exciting times here in a strengthening POG environment...this one has everything going for it and it baffles me as to why I can still buy shares at 35 cents....not that I`m complaining. Sure the POG will be volatile moving forward as the many contradictory forces continue to play out...but I really started paying attention again about a month ago when Rick Rule said " I really wish Victoria would just continue to ride it out and keep that gold in the ground , as soon as you start mining it you lose future potential " So, to me this means Victoria is grossly undervalued @ $1250 gold, just imagine if.....another 24 million bucks in the treasury to wait it out for $2000 gold .... like our CEO is fond of saying...ain`t no one holding a gun to our head. How many fully permitted, shovel ready projects are there in safe jurisdictions, Mark my words...VIT will get absorbed...smart money is accumulating and manoeuvring for the inevitable. Another comment of note from John McConnell "No less than 10 interested parties in the war room, asking all the hard questions right down to how much toilet paper do we go through in a month" Still lots of low lying fruit to pick here....blobboy continues to accumulate on the dips. Great w/e to all and can`t wait for Mondays open, a little strength in gold and VIT easily cruises into the 40`s.