InvestorsHub Logo
Followers 34
Posts 3738
Boards Moderated 0
Alias Born 07/29/2010

Re: mrsmith119 post# 180

Wednesday, 01/25/2017 10:12:33 AM

Wednesday, January 25, 2017 10:12:33 AM

Post# of 215
look at page 15 comparison between VIT and the potential valuation adjustment with a project financed and developed.

http://www.vitgoldcorp.com/i/pdf/ppt/presentation.pdf

Victoria is a candidate for an acquisition. I am still hoping to see an offer before Eagle is producing gold.... It does not mean that VIT will be sold but it will certainly have a great impact on the pps.

But in the meantime, Gold price will be the main catalyst for VIT. I would love to see it higher, will be happy with a 1200-1250 range. New US administration policy will impact Gold for two reasons : USD currency adjustment to the consequences of the change of paradigm from being the main international partner to protectionism) ... up or down... only time will tell
Linked to this : Geopolital perceived risk : new "way" to act internationally will have an impact as well. USD being considered a safe currency in case of tension.
Nobody has the crystal ball so let's just watch the macro unfold and VIT going forward with its development stage.



- Some of the less friendly observers have determined that we will abandon our principles and reveal ourselves as shallow cynical exploiters. We must disappoint them... quite simply put, we walk our talk -