The comments below are between a Comrad in Golden Arms and Jim Sinclair. The conculsion is clear, IMO, for Victoria Resources - they do in fact have Great People (a team of 10 geologists that have a proven track record of finding gold), and a Great package of properties in Nevada that are located close to where other mines have already producted a significant amount of gold 

 -------There seems to be a consensus that a vast majority of juniors will never make it to the mining stage. In fact I read yesterday where someone said the ratio is 1 in 1000. With where you see the price of gold going what kind of ratio do you see? Also, if they don't mine do they get sold and a larger entity takes them to mining or do they just fold up their tent? I know it would be just an opinion but I value it.

Happy New Year and thanks so much again for all you do for us all.

Regards,
CIGA Ron

Dear Ron,

....... the bottom line is that you have to have a combination of great properties and good people. Good people with no underlying assets are nice guys/gals going nowhere. Bad people with good properties is a break even situation at best. Good people with great properties are shots to the Moon as we move towards 2011-------