I have reviewed all the research reports from Raymond James and
> Wellington.
>
> Here is my summary of their comments:
>
> Projected price for VIT is .70C (Raymond James) and .85C (Wellington West
> Cap Markets Inc.)
>
> Catalyst For Unlocking Value:
>
> - Both share a vision that investors will re-risk VIT and assign a
> higher value for its shares based on three factors:
>
> - Completion of a Pre-Feasibility analysis on VIT's Eagle
> Project by year-end which could lead to a DCF valuation; Eagle project
> proposal by 2nd quarter 2010
>
> - Cove's "Helen Zone" ramp design coupled with permits
>
> - Exploration results from stable blue chip projects: Santa Fe
> which has already started a $500,000 drilling program which
could increase in size depending on drilling results. VIT will
no doubt announce the commencement of drilling on some
of their other strategic properties within the next few months IMO.
>
> The overall objective of VIT is to re-risk the company by moving forward
> cash flow and production at which point we should re-rate VIT to look
> more like a junior intermediate producer. This expected re-rating IMO
will close the gap in valuation of VIT relative to its competitors.