Post by
phoenix_trader on Sep 14, 2021 6:51pm
Status Quo is the mantra from the CEO.
Measured, calm, staying the course, give hope but no bonanza in the near future.
Absolutely no rush to release drill results even though the latest PR said:
"Additionally, exploration remains in full swing, and we look forward to providing results in the near future."
Simply put, I believe management is not delivering the true value of the Dublin Gulch to shareholders. Many Canadian gold exploration companies have market caps about the same or better as VGCX, why is that you ask, the answer is their management know that exploration results drive value.
I think activists will soon be talking to major shareholders which is a real pity because the solultion is simple and tried and true in Canada since exploration began.
Comment by
OCB1234 on Sep 14, 2021 7:50pm
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Comment by
itsjustme1 on Sep 14, 2021 11:00pm
Have to admit ocb you have been banging the drums on VGC for a long time. Stating this was a done deal [ sale ] . You always put up stupid cherry picked comparisons that suit your narrow focus when things aren't going well. I have been in this stock for awhile and am very dissapointed. I believe I will be looking for exit point. Not impressed with your cheerleading any more.
Comment by
phoenix_trader on Sep 14, 2021 8:27pm
$1200 is Cdn cash margin (EBITDA) before exploration expense , capex is going to provide production for minimum 20 years. Yes, we are worth $20 - 22 minimum now and the risk is the major shareholders will take it. We really needs some great international analyst coverage. Get a topnotch IR team together asap, our management sorely could use the help on IR.
Comment by
OCB1234 on Sep 15, 2021 6:52am
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