RE:RE:RE:Tax loss and Cannacord sellers finished - 15 cents next stoplocomoco wrote: If VQA can pull off producing 1000 ounces gold per month at Livramento in Brazil, VQA shareprice should be closer to $2 by end of 2021. Then they can spend the proceeds to do more exploring on Swift Katie and Los Reye and get Lima project off the ground as well. I heard Swift Katie should be worth at least $12M making VQA extremely undervalued at this point.
VQA should sell Swift Katie off in order to minimize further share dilution to fund their Brazilian growth plans. There has already been a huge amount of share dilution at very low share prices. They still owe around US$3.5 million to complete the Livramento purchase and the sales proceeds from Swift Katie could pay this all off with some left over to help fund their production ramp up in Brazil.