GREY:VITFF - Post by User
Comment by
HoneyBadger77on Jun 27, 2024 1:58pm
201 Views
Post# 36109326
RE:RE:VGCX - Anatomy of a Short Attack
RE:RE:VGCX - Anatomy of a Short Attack Really Nick2021, not a short attack? OK, keep telling yourself that.
So let's take a closer look at your statements:
- a single asset mining company experienced a catastrophic failure of their heap leach pad [Your opinion only] [HB77 - A catastophic failure you say? Based on what factual information? You must have access to info the rest of us don't. Because the damage is still be assessed (last I heard). Because the Mayo Mayor used the term "Catastrophic" doesn't make it Catastrophic. These mines are built with provisions to mitigate these very types of situations and then when something actually happens, all of a sudden the world is coming to an end. Shut it down it's catastrophic! Yeah OK.]
- their operations are shut down [Fact..but for how long?] [HB77 - Yup they are shut down and that's a fact, but another fact is that the Minsiter of Mines stated that they were vountarily shut down by the company. And the company stated in their initial statement that "Operations are temporarily suspended while the site operations team along with management continue to assess the situation and gather information. Yet in a news release yesterday, the news outlet states that operations are "Indefinitely" suspended / halted. No quote by the Minister or the Company but apparently the status has changed from 'Temporarily' to 'Indefinitely'. ] - there is likely a huge amount of environmental damage and consequent remediation bill [Your opinion only] [HB77 - Again, you must have access to facts the rest of us don't because as far as I know, this incident and any environmental damage and costs has yet to be determined or released.]
- the company has debt instead of assets [False] [HB77 - The company has assets, not just debt and those assets exceed the debt...just ask Rick Rule.] - the company has no current income [False] [HB77 - The company has income from the last quarter of gold production up to the point of this incident. The company had no income when it started in business and survived by issuing shares or assuming debt. Until they fix this, they will likely utilize those methods as needed.] - the president turned off his phone, hasn't been seen in public, and hasn't made a statement [Partly True] [HB77 - I think the President has more important things to deal with right now than answering the phone and I'm sure he's answering his phone for the callers he really needs to talk to get things done. And yes, he has made a statement and here's the link: Victoria Gold Corp. | Victoria Gold: Eagle Gold Mine Heap Leach Pad Incident (vgcx.com) . The Company will provide further information as it becomes available.] You remind me of the kid in the back seat of the car...Are we there yet? You can rest assured when the company is ready to make a statement they will. So let's see Nick 2021, you made one Factual statement and one partially true statement, the rest are merely your opinion or are False. I guess if I was short the stock I'd do the same.
HB77