Not too long ago I mentioned that I expected Victoria to give up 50% of its gain after running up intraday to 1.60. I suggested that investors use a dip to 1.10 to add to positions or take an initial position. I further stated that in 30 days this stock would re-test its opening price @ 1.40 the day VIT reported stellar drilling results. Everything couldn't have been scripted better. The stock is now trading at 1.43 Canadian. Recently I mentioned when this stock was at 1.27 that I now expect that this stock will take out its intraday yearly high @ 1.60 by February, without any drilling news. We are on our way to that target, and we have some very positive technical factors favoring a surge into all-time highs for gold bullion. Just for your own information, gold bullion, on the monthly closing basis, closed today at its highest price in history - still a long way off from my longer term target near $1,600 per ounce.