Consolidation of Recent Gains Very Bullish IMO

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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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thomas4124

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Consolidation of Recent Gains Very Bullish IMO

posted on Jan 18, 2008 08:34AM

I like the way Victoria has been holding together after its recent run up - few sellers in small amounts, and much larger orders on the buy side. I see quiet accumulation. To date, I haven't seen any other Nevada exploration company coming up with the type of results that VIT has been able to report - and that includes the infamous Robert McEwan. The longer this stock consolidates the more pronounced an advance will be should VIT be able to back up past drilling results with comparable drilling results from Cove McCoy expected sometime in April or May (possibly sooner if just one of the holes results happens to be material in nature). Chart to follow.

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