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VIT Outlook is Quite Promising IMO
posted on
Oct 02, 2008 04:56PM
Victoria continues to find additional high grade gold at Cove McCoy. More drilling results from Cove McCoy should be available by mid November and December. Gateway shareholders will vote on the merger with Victoria in late November, and the merger should be completed before year-end. Victoria continues to implement marketing strategies designed to increase shareholder value - recently the company was in Boston and New York doing presentations to the retail market, and this coming Saturday and Sunday they will be doing a presentation at the Cambridge House Resource Investment Conference in Toronto - they will also have a booth for the public to stop by learn about the extraordinary investment opportunity that VIT has to offer investors.
Unfortunately, market sentiment for the junior gold companies remains dismal, but there remains a multitude of reasons why that should improve in the coming months. Juniors, like Victoria, that are displaying strong fundamentals, IMO, will be the market leaders when this sector re-gains some upside momentum.