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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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VIT Investment Strategy

posted on Dec 21, 2007 04:36PM
Posted on 12/11/07 at Stockhouse Bullboard. Last January when Victoria announced great drilling results at Cove McCoy, the stock went up 75% the first day. Then profit takers over the next few days trimmed the gain to 25%. Within 10 days of its initial up-move, the stock hit new highs (up 80%). In March, The Gold Drivers news letter recommended purchase of the stock and the stock set another new high (up 102%). Should VIT act in a similar fashion, one would expect that this stock could give back 2/3 of today's extreme percentage move (105%) to a 35% gain ($1.10) per share. That would be an ideal area to add to holdings should we experience that type of initial set back from profit taking. It is my personal belief that the gold market is far more bullish than it was back in Feb and Mar this year when all the gold indexes were way overbought. I am convinced that gold bullion next year will take out this years high by a significant margin and there is going to be a ton of new investors that are going to be looking at a story stock like Victoria.
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