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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: News Release Recap and highlights

News Release Recap and highlights

posted on Mar 02, 2009 01:42PM
  • up and down, day to day stock price movement is meaningless. it's the big picture. how can the judgement of a few buying or selling determine what is what? it can't. someone might have doubled or tripled their money since Nov/DEC and they want out. good for them but they don't see the end result in a year or two or five +, so that is shortsighted.
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  • for a moment forget all the rest of our interesting and promising properties, pretend we just have Cove/McCoy.
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  • it was obvious a few years ago what might come down the pipeline from point A to point B. spend some time to read and research and it is a clear idea that makes sense. If Solo or I( and some others) get excited it is not some mindless PUMP as some people dismiss it as. it is based on data that is there, conjecture or ideas already laid out, pillars of this derived from Marcus' dissertation and more so the recent reworked paper in econ geology(geologically inclined? want a link to purchase the paper? ask me) or each new tid bit in news releases or other papers that exist. we are still on course to go from A ( an idea that there may be something huge here) to B, we prove it. it takes a while but will be momentous.
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  • when an unnamed source a few years ago mentioned that there was a lifetime of drilling to be done at cove, this was a positive statement screaming to the size and potential of it all. we're just getting the first brick in the foundation, via Helen. what we learn here for future drilling will be immense and very helpful. what it will prove and predict for future success is also huge. just getting that foothold will be enormous.
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  • NW-14 -progressing well -current depth 330 metres - half of targeted depth drilling success and speed with new techniques, chances for assays in the near future
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  • NW-14 to intersect the zone 50 to 75 metres below NW-13a - hole 13a was very promising where it left off, this will be fun to go lower.
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  • drill NW-15 to a depth of 50 to 75 metres below NW-14 - good results from 14 make potential for 15 even more exciting
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  • Chad says "we think that the potential is THREE TIMES LARGER AT DEPTH" the market says, "prove it" but they will pay up to buy in after it is proven.
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  • deepen holes NW-6a, NW-9, and NW-12 - the chapters were never even completed here, great to see they think there is more to it.
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  • detailed mapping of several promising additional new intersection zones near the Helen Zone. in addition to 13 other previously identified priority exploration targets. This is perhaps the HIGHLIGHT of the entire news release. They are not talking about Windy Point or Lighthouse, etc. These are NEW zones.......NEW ZONES even closer to Helen then Windy Point!!!!!
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  • -When one learns the details and puts the time in the only hard part in holding VIT is to be patient......there is so much to be excited about. i am going to relax, know we are still going from A to a big B, SMILE and realize they are moving as fast as possible without exploding in a difficult time.
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