It has become quite evident that we are beginning to see sideline money moving back into the precious metals sector - bid sizes are increasing and few shares are being offered for sale in any size - this is particularly evident in the junior that have good properties and good management. I expect this trend will continue, and should upcoming drilling news on VIT Cove McCoy properties continue to show mineralization on par with previous drilling results, I would expect this event to create some sort of urgency for VIT warrant holders to exercise those warrants so they are in a position to take profits. I believe the majority of VIT warrants were issued last year when Victoria did a 20 million share private placement, and I believe those warrants muct be exercised over the next 12 to 13 months. I would assume, that of the approximate 10 million warrants issued, which I believe are exercisable at .85C, a majority of those warrants haven't been exercised yet. VIT has the potential of increasing their cash resources by several million dollars. It has always been a positive factor for a junior gold stock when it has substantial cash resources to continue an aggressive drilling program.

Please note: I do my best to convey the facts as I see them, but you should never rely on my comments alone. Do your own due diligence before you make your own investment decisions.