Here's some crazy math for you to demonstrate how cheap Victoria is. If we take a silly inferred reserve of only 500,000 Oz's x a after cash cost profit of only $150 per oz. (With the spot price of gold at an avg of $800 per oz., this gives us $650 per oz, to build a mine, pay salaries, pay for production) We get a value of 75,000,000. The current market cap of the company is only 45,000,000.

This measurement of value is by no means of scientific, it's just to point out how with the most ridiculous of basic calculations how undervalued this company is.

Any Thoughts.?

G.