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2010 shaping up to be a good year!

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Message: Re: Is anybody out there?

Jan 27, 2010 09:00AM

Yes,


I am out here. I don't know what propelled VGC so high, and it's too high from my point of view. It's a quality little operation but a long way to go. This recent private placement will take them a long way forward, in my view.


I had put out an 8 to 12 cent target, but that was for the mid term, not near term. SO I think they'll fall back to about 8 or 9 cents for the next month or so.


They'll get some drilling done in Feb, and maybe have some discoveries that are meaningful. WE'll see. I believe they'll spend $500,000 this winter, to complete the earn-in on the exploration property adjacent to Tyhee's Ormsby project.

That's good, but not worthy of 10+ cents at this stage, in my opinion.

So I"m putting Viking in the HOLD category for now, and my focus is on Tyhee.

SKELEG


Feb 01, 2010 09:12AM
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