Victoria Gold Corp VITFF

Heavy selling today

[Swingandmiss]

On a day we should be up .30-.40

Scary that the shorts still see room to move down at  $9

I would imagine that we will get an explosive rally once this gets to around $8.

[Whateverrr]

Victoria Gold shares should have been up yesterday ?  Why ?  The q2 numbers were released and they were not good.  The larger more mature investors do not hyper analyze results on an hourly basis, they are not traders either so it takes a few days/weeks for them to absorb information.  The further drop is both  gold price and Eagle mediocrity related.  And inflation

[Pete1986]

Agree, gold will drop significantly. Around 1300 USD will be a first solid bottom. Same with oil. As long as the price is still that high there are gonna come new producers all around the world which will flood the market. Thats always the same pattern. Oil goes up --> more producers wanna make money --> supply goes up --> oil price goes down, and vice versa.  So all in all, by year

[Whateverrr]

Woweee....Anything can happen for sure but I always make my guesses....(1300?)  )I don't think it will go that low, may not even see low $1600 but $1300 will decimate the gold stocks.  50-55 oil per barrell ?  I doubt it goes that low either.  I think we are fairly close to the bottom in Gold, be surprised if it went more then $100 lower.