Welcome To The VIT Chat Board

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

Free
Message: Gold testing $799 low

Pundits are suggesting the POG tanked because we still have a liquidity problem and gold, being so liquid and all, and one of the last assets standing, is being sold to cover losses in other areas. The rise in the USD was too small to account for the $30+ drop in POG.

During the general earnings reporting period we may see more desperate raising of $'s through gold sales, even if the gold companies' profits are in good shape.

Vit stood up pretty well today, maybe because it's sp is so close to the insiders' commitments price.

Hang in. Gold won't stay down for long and the cost of mining it is dropping due to price deflation.

Share
New Message
Please login to post a reply