RE:As planned, shorters might be active todayDoumDiDoum wrote:
With the silence from the management, this is the perfect context for shorting the stock.
Do the new investors of the Doody's news letter have some bullets left? Will the POG raise enough to stop the shorters? Will VGCX publish some positive news? That's what it would take to keep the price at the level we have right now IMO.
GLTA!
Silence from management was fair criticism in Q1, but in their defense there was little to report as it appears that operations were limited during this period. Since then I'd have to say that they have been very forthcoming.
They were one of the first to publish their plans for dealing with the COVID-19 virus and to date there hasn't been any reported disruptions to operations because of their actions.
They reported Q1 gold ore production and produced ounces.
They reported April gold ore production and produced ounces.
They update their corporate presentation on a monthly basis.
What other gold company provides monthly updates on ore production and gold ounces poured?
I expect that they will report on May production and gold ounces produced in early June which will confirm that Commercial Production is getting close. This may be the next catalyst for share price appreciation.