For valuation purposes, pay particular attention to VIT's enterprise valuation which is based on resources in the ground compared to its peer group. Despite VIT's recent run up, its enterprise valuation is approximately $50 per ounce in the ground vs. VIT's target enterprise value of $100 per ounce in the ground. New resource estimates from VIT's properties will make VIT even more undervalued.
http://www.vitgoldcorp.com/site/victoria_gold/assets/pdf/VIT_corp_slides_Jan10_final-1.pdf