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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: John Embry mentions VIT

John Embry mentions VIT

posted on Nov 29, 2007 04:13PM

I am a big fan of John Embry's and followed him for a long time. Smart, shrewd and timely in getting the party before everyone else....he does not seem to completely know about VIT if he things it is part of Kinross but he will learn more.

Paul Van Eden, among others is super sharp and will find us if he has not already.

cheers, james

This is just an excerpt from The Gold Report.


Source: The Gold Report 11/29/2007

The Gold Report caught up with John Embry, Chief Investment Strategist, Sprott Asset Management, to get his thoughts on gold and some mining stocks he favors. Embry, an industry expert in precious metals, has researched the gold sector for over 30 years and has accumulated industry experience as a portfolio management specialist since 1963. He joined SAM as Chief Investment Strategist in March 2003 with focus on the Sprott Gold and Precious Minerals Fund and the Sprott Strategic Offshore Gold Fund, Ltd. Prior to joining Sprott, Embry was Vice-President, Equities and Portfolio Manager at RBC Global Investment Management, a $33 billion organization where he oversaw $5 billion in assets, including the flagship $2.9 billion Royal Canadian Equity Fund and the $250 million Royal Precious Metals Fund, the #1 ranked fund across the country for its 2002 net performance of 153%


TGR: Any plays in Nevada?

EMBRY: One that I’ve been interested in is Victoria Resource (TSX-V: VIT), which is being sort of reconstituted. They brought in a guy, Chad Williams, to run it; he’s a bright guy. It’s folded into, I guess, Kinross now, but to me, it’s got a good suite of properties in Nevada. And they’re gearing it up. They just raised some money; they’re going to get going on it. So, that’s one that I think has some short-term potential.

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