Victoria Gold Corp VITFF

RE:Expectations are set ups for resentment

[slamdunk]

slamdunk wrote: The amount of pure speculation is astounding in the end the nubers crunchers and comps will temper negotiations ..i don't believe engineers will even be necessary after the geologists and ex[oration crews get finished.The grades metallurgy and strip ratio will define this.It is also easy to sell potential .And their is the need factor as an accelerator to a companies existing assets..There is the makeup of acquisition shares to cash or even percieved valuation of share appreciation ogf acquirer.
The pricing could cause bidders to drop out.There are a myriad of factors but quesswork will not get this mine.There will be preparation ,return on investment.There will be alot of money involved no doubt but picking a number out of thin air.
Some buyers will over pay with a definitive feasibility study. and deriked beore brining it to their Board.
Coeur and Orion form a formidable 36% any buyer that breaks 20% triggers the Shareholder Rghts Program and both Coeur and Orion would be able to add an equal amount of shares at 50% off. as they would not be the acquirer..
Coeurs news blackout under Agreement and Support Agreement  with Orion and their Agreement to pay Orion in CDE shares up to the share cap of 300million .Now at 263 million.
This is only if Coeur is successful at acquiring over 50% of outstanding Victorias shares and a 50% approval of board..
OCD to me is just a cheerleader with pom poms.Just a dig for claiming "i love silver" that i call a base metal or industrial metal.Gold is the money of soverign wealth funds.Silver is called the "devils money "for its volatilty.So another hyperbolic assumption  and ad homiineum attack.
It was only a year ago March that gold and silver plummeted to 1450 and silver on lows. due to crashing stock market.

My only Comp is Integra Resources past producing 4.4 million gold equibvalents in M&I shut 20 years ago by Kinross because of 280 gold .mill processing and heap leach district scale in Idaho i own this so does Coeur 5.5% giving them two seats on advisory Board.In Idaho and no debt with 30million in cash but needs processing mill
Integra selling for 3.20 US price per share with.about 62 million share structure the same as Victoria..
I have little experience with takeovers outside Coeurs at bottom of bear market..

Today Coeur posted some serious exploration results to their latest acquisitions Silverttp and sterling/crown.Coeur has 22rigs on their properties and a 68million budget..Everyone expecting any buyout should research the shares they mayacquire with cash.One  of the worlds highest grade silver zinc lead mines and  one of nevada's highest grade gold oxide open pit mines.heap leach run of mine ore 88% recoveries two years in production when closed .Permitted water rights by Imperial after Mount Polly spill..% deposit 4 in Crown one a new discovery and Sterling in South.