valjone,
A couple of reasons vit went nowhere is the dilution (166 m shares o/s) and no cash to drill. They blew $ millions and have little to show for it. I am sure the ceo has the ability to raise more money but much more dilution will occur, especially in today's market. The properties look promising and it is a shame to see a them spread so thin this early in the game, there isn't enough to go around. IMHO, to blame the geo team for delays is a lame excuse, at best.
By the way, I am long on vit but tired of seeing valuable dollars wasted.
JJ