Replies to post #201 on Victoria Gold Corp (VIT)

[Gatsby]

This Company is a new Gold producer and shouldn't be seen as a pink investment. Meaning you will not see a 10 baggers here.
Main catalyst for further upside are:
a) declare commercial production : scheduled for this Spring.
b) uplist to higher tier to attract institutional investors
c) confirm no more capital raise is needed to fund Eagle producing mine and Nuggets exploration program (they already declared being cash flow positive but they do not have to repay the debt and its interests yet).
d) POG direction obviously.

My price target : no selling a single share before two digits.
Wait for commercial production.
and wait for E)
e) VIT is an attractive take over candidate... when ? I guess after commercial production is declared.

So this investment isn't about investing 500 usd and hope for 5000...