Voltalia Ord Shs VLTAF

ITG 14, Doing the job

[explorer14]

Putting just a little bit of pressure on VTR's share price

[goldbull636]

Someone is trying to sell 218,000 shares at .63.  Anyone have access to see what broker is selling? Thanks

[gold_diggers1]

goldbull636 - "Someone is trying to sell 218,000 shares at .63. Anyone have access to see what broker is selling?" . wow, away for one day and VTR is down to 61 cents?! It's BMO trying to get out at 63 cents. I think people are really fed up with this junior gold market?! No one really knows when the bottom is in..... or when capitulation is done... . ITG has been

[VentureTrader1]

If we don't get a nice pop in the price of gold, and the gold stocks in general, the typical pattern for almost 2 years would say we're going to step down another 10 cents and establish a new plateau at around .50.

[gold_diggers1]

VentureTrader1 - "If we don't get a nice pop in the price of gold, and the gold stocks in general, the typical pattern for almost 2 years would say we're going to step down another 10 cents and establish a new plateau at around .50" . Well, you are assuming a bottom is formed at 50 cents then?   I hope you're right since it dropped to 45 - 50 cents last time

[VentureTrader1]

No, not assuming a bottom there, just the next stairstep on the long march to the basement.

[VentureTrader1]

BTW, at the rate this is going, maybe you should keep those .10 bids, they might get filled (although you might not be very happy about it afterward!)

[explorer14]

Agreed The POG has been dumped again, it was up after non-farm payrolls & suddenly BANG! It's gonna be hellish day

[gold_diggers1]

VT1 - "BTW, at the rate this is going, maybe you should keep those .10 bids, they might get filled (although you might not be very happy about it afterward!)" . Ok, my stink bid at $.10 is in..... Let's see whether there are sellers out there giving up on VTR completely.... without any buyers all the way down to 10 cents?!  . I think right now people are waiting to see

[Mick16]

Isn't VTR economical with a NPV of $540m with the PoG at $1372??  And that doesn't even include any of the K SOuth gold, or ANY of the other properties they own??  Let's get back to reality here....

[VentureTrader1]

The 'market' has no intention of recognizing reality.  I didn't initially think it was possible but given the generally sketchy behaviour of the private club commonly referred to as the TSX (and its even seedier cousin the TSX-V) I've come around to the idea that the 'market' is gaming for a buyout of some kind below 1.00, counting on the demoralization and fatigue of

[explorer14]

Hey Venture Who could be interested in buying VTR right now?  How far Semafo is from VTR?  

[VentureTrader1]

I don't know - Burkina Faso's pretty small, so it can't be that far no matter where it is.  I've heard Endeavour Mines mentioned as a candidate somewhere along the way.  I think IMG's said they're not interested in buying anything else in Africa.  I suppose Randgold could buy VTR back (at a huge discount, after VTR does all the work of proving up Kiaka).

[Bottles]

  "I suppose Randgold could buy VTR back (at a huge discount, after VTR does all the work of proving up Kiaka)."   Given the history of Kiaka and the recent property swap at the first of the year, there is no doubt that Randgold and VTR have a strong working relationship. My best guess going forward is that Randgold will step in as a JV Partner to finance production on