Victoria Gold Corp VITFF

Gold is up

[kegman]

and we are down?  What is happening up North today?

[Swingandmiss]

My guess is that no one wants to hold ahead of earnings. 

[Bucky86]

I havent been following too closely... when are earnings being reported?

[DonaldDDukc]

I can tell you this for sure, Q1 will always be bad due to the nature of the heap leach game. There is very little ore placement in cold days. Winter is not that bad this year and the management has decided to power through winter 2 years ago.  but Q1 earning wouldnt change. You best hope Fed can drop their rates but Americans cannot wait forever. Everyone know it they are killing themselves

[HoneyBadger77]

Reason gold is up and all gold stocks down today is because the market is waiting for the Fed speak tomorrow. Even the world's largest gold miner Newmont's (NGT-TSX) little jump up at the open this morning saw their shares sell off despite the technicals which indicate Newmont is ready to run up any day now.  Newmont is reporting their earnings this week (Thurs - Feb 22) and is going

[DonaldDDukc]

how does Fed cut rate? You see americans are always blowing more money than tax so they have to suck up some from the public with bonds. you already Fed want to lower the rate. Once they have a good confidence that they can get money with lower rate they will lower the rate. Some people believe America is trying to sell Taiwan. It is kind of like how Gorbachev sold East Germany. If Americans dont