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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: VIT Outlook is Quite Promising IMO
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For risk oriented clients, IMO, VIT should be agressively accumulated at or near its current price @ .30C. Price is currently lower than where it was 4 years ago when I first started accumulating this stock, and the fundamentals for this company are light years ahead of where it was then. Not only are VIT's fundamentals much improved but gold bullion has almost doubled since 2004 and VIT is down from its high that year of 2.20 Canadian.
Hole #9 Drilling Results compares favorably with holes #1, #5, #6A - who's results were some of the best reported drilling results in years in Nevada.
#1 38.4M @ 10.95 g/t 10.4M @ 21.98 g/t 20.7M @ 9.15 g/t
#5 61.9M @ 12.57 g/t 13.9M @ 37.21 g/t
#6A 39.6M @ 11.80 g/t 4.6M @ 24.10 g/t 19.9M @ 15.70 g/t.
#9 35.5M @ 11.48 g/t 9.1M @ 20.68 g/t 9.1M @ 15.22 g/t
Despite the fact that the drilling results at Cove McCoy continue to show high grade gold mineralization, VIT's stocks is down $1.30 from its high of $1.60. My conclusion is that VIT is down due to the dismal performance of the entire junior gold sector. Not if, but when the junior sectors gains some upside momentum, IMO, VIT will be a market leader.
Please access the following link to Victoria Gold's website (click on September Presentation and access slide #9) so you can follow along with my following discussion: http://www.vitgoldcorp.com/site/vict...
The best results from drilling at Cove McCoy was hole #5 - and when those results were reported the stock initially doubled to over $1.00 per share and eventually topped out at $1.60. IMO we could see similar drilling results from planned holes #12, #13, and #14 because they will be drilled much closer to hole #5 than some of the other holes drilled thus far. Hole #9 was drilled approximately 65 to 75 meter away from #5. Hole #12 , which is currently being drilled is approximately 30 meters away from hole #5, and holes #13 and #14 are only a few meters away from hole #5 but will be drilled to a deeper depth. I am no geologist, but it seems reasonable to me that the closer you drill to hole #5 the greater the probability you will have similar drilling results. If I am correct, we could see some stellar results from holes #12, #13, and #14. My question to you is what do you think VIT's stock will do if these holes have similar results to hole #5? IMO, this stock will soar in value from present levels. By the time these three holes have been drilled and assay reports released, Gateway Gold shareholders should have voted in favor of completing the proposed merger. Combining stellar drilling results with a completed merger seem to me be a perfect recipe for a substantially higher price for Victoria Gold. I would not hesitate to add to your holding at today current price of .30 C.
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