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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: raymond james

raymond james

posted on Feb 12, 2009 12:19PM

Raymond james has some new bold positive statements regarding the VIT acquisition of Strata.....we already know this is an AMAZING move but good to get back up.

Highlights

- Impact is positive.We encourage long term investors to accumulate shares of VIT on increased gold resources and significant exploration upside.

- Global deflation of input prices should widen notional profit margins.

- Pro forma, we estimate VIT is trading at US$11/oz, a steep discount to gold developers at US$56/oz.

- Crisis Breeds Opportunity. It is likely that this transaction would not have come together were it not for the credit crisis and the ensuing difficulty for juniors to raise capital. StrataGold, lacking mine development expertise,was likely forced to focus on its gold exploration projects in Guyana,which do not presently lend themselves to affordable financing. ( Strata was stuck, we will save them)

-Victoria’s Board Infused with Mine Development Expertise.

This is an fantastic move by Victoria in my opinion.



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