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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: VIT & McEwen Jr Gold Index Ideal Entry Point?
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VIT & McEwen Jr Gold Index Ideal Entry Point?

posted on Jul 15, 2009 11:59AM
Previously I mentioned that we got our first double top
buy signal on McEwen's Junior Gold Index (June 2009)
since Feb 2009 - which was followed by a double bottom
sell signal in April 2009. I also mentioned the best time to
make a purchase was on a pullback after a double top
buy signal. As suspected, we got the inevitable pullback
and the pullback came at a major support area ie. its 38%
Fib support. This morning this index touched 4.00 - at 4.25
demand will be back in force and we will move back into a
column of "X's". IMO, we are presently at an ideal entry
point the better juniors. I view Victoria Gold has all the
characteristics of the stocks that are included within
McEwen's Junior Gold Index. Therefore it is also priced
at an ideal entry point - currently selling at .32 C.
10.75 B
10.50 x 0
10.25 x 0
10.00 x x 0
9.75 x 0 x 0
9.50 x 0 x 0
9.25 x A 0
9.00 x x 0 *
8.75 x 0 x 0 x *
8.50 7 0 x 0 2 3 *
8.25 0 x 0 x x 0 *
8.00 8 x 0 1 0 x 0 *
7.75 0 x 0 x 0 x 0 *
7.50 0 9 0 x 0 x 0 6 *
7.25 0 C 0 x 0 x 0 *
7.00 0 4 x 0 *
6.75 0 x 7 *
6.50 0 x 0 *
6.25 5 0 * 68%
6.00 0 *
5.75 0 *
5.50 0 *
5.25 0
5.00 0
4.75 0 6 50%
4.50 0 x x 0
4.25 0 x A x 0
4.00 9 x 0 x 0
3.75 0 x 0 x 7
3.50 0 x 0 5 0 38%
3.25 0 B 2
3.50 0 x
3.00 0 x
2.75 0 x
2.50 0 1
2.00 0 x
1.50 0
1.25
07 08 09
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