GREY:VITFF - Post by User
Post by
goldman777on Aug 12, 2019 4:39pm
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Post# 30019553
GOLDMAN IS BACK IN
GOLDMAN IS BACK INMissed the absolute bottom as I was mired down in a few others - always followed VIT, was in and out for years. There will be a bit more penny flipping up to the 55 cent level but with continued strength in gold, VIT will soar like an EAGLE. Debt and TSO remains the caveat, but hey..the gold is there, the infrastructure is there, the political climate is right. If all the stars align as the gold bugs hope they do...VIT will finally be the " Next Big Winner " in the sector. When you have all the big money managers saying now is the time for gold due to a plethora of reasons, I challenge anyone to find a more explosive, highly leveraged gold company than Victoria here. Continued promise on the exploration side will only fan the flames. Trade war will not be resolved before the 2020 election, some currencies may crumble under the weight of debt, lower if not negative rates are coming...and we all know the next BIG correction is imminent ( mind you we`ve been thinking and saying that for years - and the market just kept climbing the wall of fear ) Flight to safety will be even stronger and VIT is in the sweet spot right now for timing. Took 1/2 the position I want today with the window open to either average down on a small pull back....or....my bet is I`ll be averaging up a bit. Just wait `till this puppy gets a top pick on BNN.