Victoria's current goal is to go from $9 an oz in situ to $100 an oz in situ
do the math, $3+ a share
AND this is NOT including any gold other then 43-101 stuff...i.e. it does not include cove, mill or anywhere else we find some shiny.
AND in production that number will increase again into the $300 per oz+ range when the public see we are serious and producing.
In the current environment where most juniors are trying to hang on for their life our management has the confidence to state publicly some very very aggressive goals. They could be warranted coming from a diverse qualified board and Geo team From anyone else it would be considered tomfoolery.
Here are some major investors that believe there is merit to what VIT says and they have put substantial $$ to back up their convictions, they are willing to wait and see it play out as i hope you are too. they hold about 40% or more.
Major institutional shareholders:
Kinross
Mackenzie
JP Morgan
BakerSteel
Sun Valley Gold
Pinetree
RBIM
Sprott
US Global
TDAM
Goodman & Co.
Sentry Select