GREY:VITFF - Post by User
Comment by
Whateverrron Apr 14, 2022 10:29pm
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Post# 34605870
RE:RE:RE:RE:Got Gold?!!!!
RE:RE:RE:RE:Got Gold?!!!!haha, you are talking about the poster OCD ? proudly states he has never sold a share, bought almost all of it average buy in of $1 back in 2007 ( too bad you can't pull up the legacy posts anymore, he boasted of it plenty) so with the stock split that equates to $15 now. A 15 year holding of VG stock and one is at break even, haha. Ouch. If you have been here that long, I am sorry, and instead hope you bought when it got wrecked for a few years and was in the 10 cent range or so....then I am happy for ya. It is not only the production rate not even coming close to the 210k per year they stated but also AISC are not good. They desperately need to prove up significant more LOM and a lot more reserve ounces. The current production numbers and mine are not the least bit compelling for potential suitors at the current market cap even with gold at an amazing price. I can imagine if you are a long time holder you are frustrated at the lost time and potential to have had made money. You been here 15 years? SO you know how valuable Santa Fe was. Upset with the shady extraction of it from VG so you see no benefit from future drill results as a VG shareholder unless you personally invest in LG with new money ? BigJake wrote:
Clearly the value of this company will be based on getting production to design rate let alone 250k, and proving out our additional reserves so let's quit screwing around with BYN and make a plan to execute the above. Truly believe their is value here and John deserves credit and respect for getting the mine built and producing but now it's time to prove up that share value, some here are getting close to this being a 15 year investment and this lack of concern is getting old