GREY:VITFF - Post by User
Comment by
fasttrack5on Aug 25, 2016 1:35pm
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Post# 25176810
RE:VIT-Final approvals
RE:VIT-Final approvalsNo worries here - yes I'm looking forward to the fall mid Sept/Oct,
I believe the shares will be at a much higher value.
With permits in hand, Victoria is now looking to complete an updated feasibility study this Fall (the existing study is from 2012) with updated metals prices, exchange rates, and other numbers. Key changes will include the potential addition of a second heap-leach pad to process low-grade ore that would previously have been treated as waste, and the consideration of innovative cost cutting measures being implemented by Victoria.
The above from Victoria Gold Mining web site.
RJ.