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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: Website Flash Back Kinda Day and First Gold

Website Flash Back Kinda Day and First Gold

posted on Jun 03, 2009 03:50PM

how' s that for a nice flash back to Aug '08 with today's VIT website? ha ha.

another note, since off chat board prattle among VIT friends has been about first gold........

i pose this idea or possibility.

a recent VIT presentation noted on the web page shows potential timelines of certain properties/projects. it does not list many of our land areas. we have not heard a peep about relief canyon since early 2007 but yet it is prominent on the timeline page. is it reckless forward thinking, just trying to fill the page? NOPE. many properties are missing like 4th of July etc. we have not conducted any advanced work on relief how do we have a chance of production there then? one needs only look at first gold, delve into the research and realize there may be money troubles based on publicly released data and they have liened everything to try and stay alive and still may not make it. lenders may see the value as greater in taking it over and then parceling it out to buyers without stockholder investor input or diluting to get the company. Buyer just comes in for a fixed price and buys said portions of company that it wants. that is the only way i can see the production at relief based on the presentation being a viable reality. this is purely my deduction and opinion based on data placed together from new releases, chats with others here, etc. lets see what happens. strata and gateway came out of the blue too. we have some cash in the bank to buy pieces outright without diluting.

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