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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: Wellington West Re-Affirms .85 Target Price for VIT
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Wellington West Re-Affirms .85 Target Price for VIT

posted on Sep 18, 2009 02:20AM

My notes from Wellington West research notes on VIT:

Wellington West reaffirms their target price of .85 for Victoria Gold. Recent press release and property update for VIT has reinforced their view that the ounces of gold that VIT has in the ground should be re-rated as it gets closer to production. VIT is currently selling $13.00 per ounce relative to its peer group that are currently selling at $66 per ounce of gold in the ground.

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