GREY:VITFF - Post by User
Comment by
Whateverrron Sep 08, 2022 12:10pm
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Post# 34949642
RE:RE:RE:RE:Water Board Decision Petition
RE:RE:RE:RE:Water Board Decision PetitionYes most gold stocks are in the dumps but this is the chatboard about Victoria Gold so understandably wouldn't the topic at hand be directed towards them? So none of the issues with VG have much affect on the share price of VG. Hmmm, ok. Why be invested here then if it does not make a difference. So if VG can finally provide some solutions and prove more gold it won't matter to the share price ? Either unique identifiers to this company and its story make a difference or they don't. You can't say they move the stock up when good but not down when bad. The posts for years about the stock going down because so and so insitution was selling all out or it was shorte Swingandmiss wrote: He is right, but for the wrong reasons. The stock took a huge hit(just like all miners did) because of the fed raising interest rates so aggressively. Yes production is not where it should be, yes AISC is higher than it should be, yes VG should probably have handled the water board a little better, but the stock would be in the $12-$15 range if inflation was under control.
All of the posts make it seem like the reason the stock it at $7 is because of the reasons above. That is a part of it, but not the big issue right now.