RE: BuyingDenn:
go to the VIA website
https://www.virginia.qc.ca/en/relations_recommandations_analystes.asp
from: Robert Bishop Gold Mining Stock Report, Box 1217, Lafayette, CA 94549. (925) 284-1165, fax (925) 891-9188 Subscription Email: alert@goldminingstockreport.com, Editorial: editor@goldminingstockreport.com.
Virginia Gold (VIA.T/$6.60) — Our last comment on Virginia noted that the bar has been raised very high on the Eleonore project. This is another way of saying that the best discoveries have a tendency to get ahead of themselves in the market, and as we’ve noted all along, Virginia has not been cheap. This probably has much to do with the last several reports from the project not having produced new highs in the stock; those wanting more market action have moved on in search of it. We believe that Eleonore’s grade, location, consistency of mineralization, and the unusually high drilling “hit” ratio are deserving of a premium, and should support VIA near $6.50 on the current selloff. Profit-taking has been suggested on multiple occasions and we view holding the stock at this time to be placing a bet on an acquisition of the company or the project. With recent results not producing new highs, this still early-stage discovery has become a mature story in the eyes of the market.
Robert Bishop Gold Mining Stock Report, Box 1217, Lafayette, CA 94549. (925) 284-1165, fax (925) 891-9188 Subscription Email: alert@goldminingstockreport.com, Editorial: editor@goldminingstockreport.com.