Victoria Gold Corp VITFF

With Gold up to this level

[kegman]

And we trade down here still....there is a rumbling HB and you cannot deny it.  Even at this Gold price with an elevated AISC....VGCX makes good cash.  Someone will be coming in with the ok from institutions soon to take this thing out.  DDD I hope has opened your eyes.  There was a game to get it up and I bet this is a game forcing it down to force JM's hand.  WE are stuck in the middle.  AS angry as I am this is a great buying opp.  Even the Whatster would agree with that.  GLTA

[HoneyBadger77]

Oh there's something going on here alright Kegman, gold up $30 bucks as I write this post and VG clearly being held back.  That 1 million share buyat the close yesterday that popped the stock up 10 cents sure got beat back down this morning. For those who might not understand what's happening here, have a look at the attachment.  Read the first page, then have a look at Appendix

[barringtondolby]

I just had a quick read thru on your attachment, and on not reading it thoroughly my take is, the company is in a difficult position to effectively fight these shenanigans. So even JM's 800k shares are just as vunerable as ours. What is going on does not make sense, and if it is associated with a smell of fraudulency, then surely the company should put out NR, at least acknowledging that daily

[HoneyBadger77]

Yes, even JM must be feeling the pain these days but the advantage we have (or should have) is if GMT Capital and Sprott aren't involved in this share price walk down (or another fund / funds) is that GMT and Sprott have deep enough pockets to eventually take significantly more shares and put an end to this nonsense.  I'm a bit surprised they haven't yet but then until they see

[kegman]

What makes you think those 2 are not the ones involved?  Just asking.

[HoneyBadger77]

Well that's easy Kegman, WHAT?  don't you read the Corporate Presentations?  LOL Victoria Gold Corp. | Corporate Presentation (vgcx.com) Pages 16 and 17 of the Feb Presentation says our largest shareholder GMT Capital "Views themselves as a partner to the Management Teams with which they invest." so they must be looking after our best interests right? But when

[kegman]

Interesting that VGCX share price seems to have been in a downtrend every since they invested. Coincidence? Perhaps or perhaps not....Jethro Gibbs rule 39.  There are no coindcidences.  

[kegman]

Need spellcheck on this.  Ooops.

[DonaldDDukc]

well gold price can get as high as it want to be but there is very little cash around when interest rate is high. A lot of South American countries are like that. They have good rocks but their capital market is terrible so all their minerals fall to American control eventually.  For the high interest fed policy, capital market in all nato world will remain disappointing.