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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: Comparison of V.VIT and V.EAS - what gives?

Comparison of V.VIT and V.EAS - what gives?

posted on Apr 16, 2010 03:32AM

Two recent headlines -

Victoria Gold Reports More Wide Gold Intercepts at Santa Fe: Hole BH-6 Hits 3.94 g/t over 157 m
Wednesday April 14, 9:02 am ET


East Asia Minerals Bottoms Hole With 15.74 g/t Gold Over 22 Metres Within 111 Metres Grading 3.96 g/t Gold; April 9

VIT - 196M sh o/s @ $0.92 = $180M Mkt Cap; property in Nevada

EAS - 67M sh o/s @ $7.60 = $510M Mkt Cap; property in Malaysia

Similar press releases but look at the huge difference in Market Cap; shouldn't VIT's Mkt Cap be higher? (I know nothing about EAS but I think the cap's too high, given its risky jurisdiction and conversely, the cap's too low for VIT)

Also, people talk about manipulation and they talk about smaller floats, but really, which one is easier to manipulate?

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