GREY:VITFF - Post by User
Comment by
Greatdaysaheadon Jan 27, 2022 9:11am
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Post# 34366016
RE:RE:RE:RE:Victoria Gold - A Great Fit For A Big Miner
RE:RE:RE:RE:Victoria Gold - A Great Fit For A Big Miner Yes, VGCX looks cheap compared to many and I strongly believe this is due to its inability to meet its own
forecasts.
This is a "show me you can deliver" pps at the moment.
And John stated that they will communicate quarterly about production so we will have to wait quite a long time before getting information about January production.
Especially interesting number imo as it would show that missed productions in Nov-Dec was effectively
only a short term delay in getting the oz out of the heap leach.
In the meantime, POG below 1800. Geo-policitcal tensiosn and inflation pressures versus
strong USD/higher UDS interests rates has no winner yet.
FWIW, most funds managers I spoke to are still bullish in terms of markets and believe high inflation is
temporary.