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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: Today's Volume

Today's Volume

posted on May 20, 2008 09:12AM
I guess there could be some pending news that has leaked but probably not in my opinion? But what do i know, ha ha.

Here is a possible hypothesis for today-

There is no way for anyone to tip toe into Victoria and create any position of significance share wise without making some ripples.

MGI has/had initiated coverage on Victoria through an analyst named Paolo, he left to work at Wellington West. I don't think they have coverage there on Victoria BUT starting last week I noticed on Friday for instance Wellington was part of 121,000 shares out of the 125,000 sold that day.

market closed yesterday- by the way can we some day be so successful that the holiday be called Victoria Resources Day instead of Victoria Day?

Early this morning Wellington had blocks of 50,000 50,000 100,000 and 80,000 and more further into the day.

Wellington appears to like the Victoria/ Raul story and wants to establish a decent position, no way to quietly do that and they are willing to jump in before other bigger cats. People see the buying in volume outta nowhere and figure Wellington knows something which they may not (other then the public story) which is good, but the others buy, creating more buyers thinking something is up, "I don't know what but I wan to be on this train too"...and on we go.

Either way I am in, (as many of us are) and have been, so I DON'T have to worry about missing pending news or hard to calculate timed releases of assayed holes. I am very excited to see holes 8-11 especially hole 10. By hole 15 I hope and expect that Helen has continued to expand and off we go.

The more Raul proves his theory the more people jump on the train, when he proves it a second time in a different zone at cove or at black or at mill, etc, all hell will break loose because the near sighted and formerly burned by snake oil salesmen juniors will want in on the real story. So far it is only us early adopters, believers in Raul's ideas, the boards skill and the land. seems clear to me that Raul may prove a new gold rush in Nevada but not to others YET. That's okay, all of us will be paid for our excellent vision. more are watching and waiting, it will be a small doorway to get through for 100 or 1000 people at a time when things are more proven or clear to the masses. haha.
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