AgreeExcellent post. There are a few of us still here that are seeing the same thing. I have averaged
down and am happy to hold my poisition. I don't want to go overweight here and I keep my
portfoilio well diversified. Your take on VSR echoes most shareholders who have stuck
around. My thinking is gold will need to break out above $2000 level to spark serious M&A
activity.
That will be dependant upon the FED int rates policy, inflation and the US$ going forward. The
wild card for now is more drilling by IMG on Nelligan. If they keep expanding the deposit then
at some point I would agree they either buy VSR out or another major takes the whole thing
for a substantial premium. and that is independant from gold having to over $2000.