Victoria Gold Corp
Victoria’s transformation and growth has been significant over the past twelve months, including the completion of two major corporate transactions adding a total of 4.4 million ounces of gold that are National Instrument 43-101 (“NI 43-101”) compliant to the Company, and successfully completing the Phase 1 drill campaign at the Helen Zone located at the Cove project in Nevada, USA.
Victoria's recent performance is very similar to Robert McEwen's Junior gold index
that is composed of 30 top tier junior gold exploration companies. This index peaked out on June 2nd @ 9.53 and it closed on Friday @ 8.27 - down 13% from its June highs -- VIT closed at .46 on June 2nd and it closed Friday @ .35 - down 24% from its June high. I would only be concerned about VIT's performance if we saw McEwen's index advance substantially above it June highs and VIT did not follow suit within a reasonable time. Bottom line, VIT is performing pretty much in line with its peer group.
Here is a link to Robert McEwen's Juinior Gold Index: http://www.mcewencapital.com
that is composed of 30 top tier junior gold exploration companies. This index peaked out on June 2nd @ 9.53 and it closed on Friday @ 8.27 - down 13% from its June highs -- VIT closed at .46 on June 2nd and it closed Friday @ .35 - down 24% from its June high. I would only be concerned about VIT's performance if we saw McEwen's index advance substantially above it June highs and VIT did not follow suit within a reasonable time. Bottom line, VIT is performing pretty much in line with its peer group.Here is a link to Robert McEwen's Juinior Gold Index: http://www.mcewencapital.com
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thomas4124
City
Rancho Palso Verdes
Rank
President
Activity Points
2198
Rating
Your Rating
Date Joined
11/03/2007
Victoria Gold Corp
Symbol
VIT
Exchange
TSX-V
Shares
496m
Industry
Metals & Minerals
Website