Victoria Gold Corp VITFF

At what point with this little volume

[kegman]

Do phone calls be made asking the company to support the SP.  Too little activity for a fund to come in and take adavantage thus the small float drawback.  Gold is still well above $1900.  Would be nice to have an early announcement on production and the sooner Raven results are presented the better.  I am tapped. No more from me.  Time for OBWON to call some friends.  LOL

[crazytimes]

Totally agree. Time for a positive news release of some kind. I am buying heavily today. We need gold to rally!

[barringtondolby]

Kegman, we are back to the Hmmm, something weird going on with this stock. As you say, gold should not be the issue causing the weakness in the SP.  In the last month, the trading volume has been normal, the price of gold has done nothing abnormal, yet the SP is hovering around a yearly low. The last PR from the company was quite positive.One would assume nothing has changed since then, so

[kegman]

A couple of large trades...CIBC moving out some.  26,000 and 21,000.  One was in house.  

[crazytimes]

Whole gold sector currently getting hammered today. Lots of names down big, we are acting no different. A nice relief rally should be in the cards hopefully any minute! lol. Everything is so oversold it wouldn't take much to get some real fast upward momentum. Just my opinion. Good luck to all. 

[NativeInvestor]

I'm up for a rally. Seems like it's the expenses and not the gold. EPS is averaging about .40/year. Times 8 years left in the mine that isn't much. Get expenses down and make the future expansion more of a reality.   

[crazytimes]

If they are hitting tons of gold under eagle at depth below the mine plan and talking about a 40 year mine life it seems unlikely the selloff is due to years left. Looks like lots of gold to be mined for many years at eagle, and that doesn't include all the other targets on a spectacular land package! I do agree with getting costs down though and that goes for most of the mid tiers and juniors

[barringtondolby]

CT, where did you find potential 40 year mine life . Thanks.

[hcahoon]

Barringtondolby On the website: "Exploration at Victoria’s Dublin Gulch Property has extended the depth of the deposit an additional 500m and along strike for 500m. In 2022, an initial resource* of 1.1 million ounces gold at 1.7 g/t Au, was announced at the Raven Deposit". It should be noted that Raven is likely 3 to 4 times that of the initial resource. This plus theres a 'plan

[barringtondolby]

Much appreciated, hcahoon.