GREY:VITFF - Post by User
Comment by
kegmanon Aug 12, 2021 11:00am
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Post# 33691482
RE:Interesting read on Victoria
RE:Interesting read on Victoria Yes, all services seem to think highly of our gold company. 5I, which I use, also speaks highly of them. So we have August doldrums, gold falling but we have a hedge against that and a mine at worst that will gross excess cash for another 10 years at the worst. We are going down? The market is a funny place to be sometimes. If we can get a short squeeze, with the limited number of shares in play......you have to ask yourself who in their right mind would short this now? If the company started using their buyback cash it would cause a squeeze. There is a good reqason it is happening and we just do not know. Drilling results??? VGCX would not be buying more Banyan unless they felt the area play, which they are a part of, is significant. Having 11.1% of Banyan is pretty odd for a small cap when they are expanding their own resource. This is just a one time buying ooportunity. Do you think this will be sold for less than $20 per share? This is what your TFSA and RRSP are for. Buy it today and just sit on it. Relax, jump in the pool, river or lake and cool off. Tell your friends this is the one to buy right now. They might forgive you from some of your other tips. (LOL)