dr fill repsonse
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Welcome To The VIT Chat Board
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
Message: different take on conference call
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Hey dr. fill,
keep in mind i am always cross checking everything and then if it passes i cheer or get ecstaic. so keep on questioning things, don't lose that trait.
we are here for a common goal, "is VIT the best investment for our money"
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5) There are a lot of shares out and a lot of people are happy to take their profits here... . agreed there is a fair amount of day players and momentum people.....and they reflect a majority of the tossing and turnging the stock does. you don't see the opinion of all of us that hold long and are not moving and not selling for a long time.
"4) Chad told us we're not adding drills to Santa Fe (typically of juniors this would mean they're not excited about the property);"
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yes "typically of juniors" it might be a bad sign. but VIT is NOT a typical junior nor is Raul a typical exploration geologist. read about what structural systematics is and you will draw a new conclusion. Most explorers raise capital, find some ground to test out. They drop a BUNCH of holes in the ground almost always vertical and typically RC instead of diamond. They HAVE to do this because they don't have any other more reliable way to find gold. Also why they spend a fortune and usually do not find anything. So with Raul he already has formulated an idea of the volumetrics and geomotery of the target BEFORE he even drills. Then the diamond drill is dropped in at an angle, almost NEVER vertical. Why? because the angle hole will tell a MUCH more detailed story about what is there and help him refine the initial thesis of that target. So why would VIT spend a lot more money doing 5 random holes at once when 1 Raul Madrid hole would display 50x more impotant revelaing information for 20% of the drilling cost. With Raul, we need to drill the hole, heavily analyze the data from that hole THEN determine where the next hole goes. THEREFORE ONE DRILL AT A TIME IS NOT A BAD THING FOR VIT BECAUSE WE ARE NOT A " TYPICAL" EXPLORER. So, just becuase we drill on hole at a time does NOT mean VIT is not excited about Santa Fe or any property we have.
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