Post by
ALLEN4 on Mar 09, 2010 8:08am
Charles Oliver on market call
Just had a chance to hear him speak about VTR. I doubt you could ask for a better plug with the following comments:
1. It's actually very cheap here relative to a lot of other gold companies;
2. We think it could go a lot higher;
3. We own a lot of it;
4. Drilling results have been very impressive;
5.. It does not yet have 43-101 compliance but we expect the numbers later in the year;
6. He mentions the CEO's name as a plus.
Oliver and Sprott have been recommending this company for some time now and it would have been easy for him to say they have done very well with it but that they are taking some profits at this level, or that they have trimmed their holdings, etc., no such comments, only positives. If anyone has an inside track on the company, its C. Oliver, he has been involved with the company for a long time.
Comment by
thorgb1 on Mar 09, 2010 9:25am
Summary....
BUY
Volta Resources Inc
VTR-T
0.750
Have a play in Burkina Faso that they acquired from Rand Gold, which took a 20% stake in them. Some great drill results at about 80 m at 2.27 g. Extremely cheap relative to a lot of other companies.
Comment by
zBankerz on Mar 09, 2010 11:24am
unfortunately, the recent run up in sp (from 0.75 tp 0.93 to 1.15 to over 1.40) will result in profit taking... even Charles Oliver interview on BNN yesterday (VTR was at $1.41 at that time, up 9% as said by the BNN host) could not hold the sp above 1.40, 1.30..... But time will come back as more drill results are released