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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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Message: Questions Regarding Web Site Presentation & Blackmont Report

James,

why ask a question of chad that you don't expect an answer from. i mean i am all for trying but.....

To give you and other posters what I would personally be evaluating as an option to raising cash. If you have other ideas for reducing dilution, why not express theme here? I see nothing that would preclude VIT doing a side joint venture deal to raise additional cash to accelerating drilling at Cove or another property - VIT would obviously have to give up some of their interest in the project being drilled - I don't see how that would affect Newmont's percentage interest. You should also keep in mind that VIT has a 100% interest in some its properties where a joint venture partner would not be an issue. Maybe VIT would like to do additional drilling on those properties but do not want to dilute shareholder equity - maybe a joint venture would allow them to do some additional drilling without stockholder dilution. Perhaps, the terms of a joint venture would be more appealing that a private placement sale. Listen, I am not in the drivers seat here, and I am only entertaining some possible options. I firmly believe, if there is a way to minimize stockholder dilution, Chad and his management team will do it.

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