PINL:VITFF - Post by User
Comment by
kegmanon Oct 07, 2021 3:57pm
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Post# 33983706
RE:RE:RE:Victoria Gold - Banyan gold
RE:RE:RE:Victoria Gold - Banyan goldAll Gold plays are 'Worthless' until they start the mine. Up until then they are 'Speculative Investments' Many go into so much debt building the mine the majors swoop in and scoop them on the cheap. It takes time and money to build a mine. Meanwhile investors play the swings and try to make money. Bagholders sit and hold. Sometimes you can hit the jackpot but those who have not traded VGCX are not up much unless they were in the very beginning and one could argue that "Opportunity Cost' has a net negative on their holdings. AS far as Banyan, as investors we cannot let our investment in VGCX become the bank for Banyan. I will not sit by and allow that. Even if I sell my VGCX I would raise a stink about proceeds from Eagle being used on a family members company. John is not that arrogant to do that. He has dabbled. The last placement in my opinion was too much but am willing to swallow it. No more though. Good results move us up, drill results next and then dividends announced. WE move up to high teens if not $20. Dividends will do that. Watch the analysts take notice if dividends are announced. GLTA.