Vatukoula Gold Share Discussion Threads

[atlantic57] 23/6/2013 18:06

Benjib i would like to send you an email , i have only just seen your message of 29/04/2013 but can't respond on that medium cheers.

[atlantic57] 23/6/2013 13:45

Chinese there must be a possibility that the next update will raise the subject of mothballing the mine !

There is little point in producing gold at a high price which is well below what it can be sold for.

[rrr] 21/6/2013 10:26

Here's the DRK website

hxxp://www.drk-int.com/about/index.html

[atlantic57] 21/6/2013 10:12

Chinese up until now vgm has screwed up but it had one redeeming feature it was debt free.

Now if funding is arranged we will have management who have screwed up still running the show but this time with debt.

Yes they ''could' turn it round but doing a Norsman is more likely i feel.

[chinese investor] 21/6/2013 08:30

We are now looking at recovery in two years time.

[fangorn2] 21/6/2013 08:20

[...]

Proactive comment on second tranche of "last pitch for survuval" placing with Chinese.

[janyboy11] 21/6/2013 06:51

p@ 20 Jun'13 - 14:17 - 13445 of 13446

What did you call yourself then Janny?


he he we had a few words back then --- by the way all the things i said all those years ago happened - VGM was never supposed to work apart from raising funds

[andy] 20/6/2013 14:29

atlantic57
7 Jun'13 - 15:31 - 13440 of 13445 0 0

Sadly it looks like investor interest in vgm is close to zero!

--------

It's not that good!

It must be close to care and maintenance here with the current POG surely?

[p@] 20/6/2013 14:17

What did you call yourself then Janny?

[janyboy11] 20/6/2013 14:09

totally right

plus she was good mate with the board -- FACT

WHILE SHE PUMPED THEY DUMPED


IN FACT I USED TO CALL HER WENDY WOOF WOOF BECAUSE SHE WAS THEIR LAP DOG



.




.

[sunsetwarrior] 20/6/2013 12:45

By far the most depressing share I own.
As for Wendy, she pumped this to the hilt then after it's collapse disappeared.

[janyboy11] 20/6/2013 12:05

THIS COMPANY WAS SET UP TO MAKE THE BOARD RICH THROUGH PLACINGS --- IT WAS NEVER EVER PLANNED TO BE A GOING CONCERN.



.

[johncraven] 19/6/2013 16:52

wont be the same as last year no 2 updates are on the same date annually

[johncraven] 19/6/2013 16:51

What date is the update due on?

[atlantic57] 19/6/2013 13:35

There is zero interest in the update.It will show production at the levels shown in the previous quarter or below i suspect.


On the balance of probability i suspect they will raise the money but then i expect this will turn out like norsman gold.

[chinese investor] 19/6/2013 12:39

skully,
Last Year the Update was released on 19th June.

www.overzeal.co.uk

[johncraven] 19/6/2013 12:33

30 million bourght at 15p a month or so ago LOLOLOLOLOLOLOL

[skullymeister] 19/6/2013 10:37

Chinese someday you'll be right that a trading update will be released. You said the same on the 12th. Have you set a recurring event in your calendar and if so can you turn it off!

[chinese investor] 19/6/2013 10:29

Trading Update Soon !

www.overzeal.co.uk

[atlantic57] 12/6/2013 13:04

Andy don't you read the production guidance statements we are weeks away from...

[andy] 12/6/2013 10:47

The mine certainly looks challenging at the current POG.

Hard to see this cashflow positive anytime soon, if ever.

[chinese investor] 12/6/2013 10:43

Trading Update Anyday !

www.overzeal.co.uk

[jgraggaber] 07/6/2013 23:27

Why would anyone on here believe anything management says? The same holds true for the majority of gold miners.
All PER are based on forward guestimates. According to my experience never ever met over the last few years!!

Put yourself in their shoes. You are the CEO, you want your salary. You may even be delusional and have the fixed false belief that you can turn this round. You want to portray an opimistic outlook on imminent turnaround keeping investors willing to pour more money in - which will pay your salary.
Make sure you put enough aside, and you should be able to retire comfortably after a few years if it was necessary.
Investors - well it was speculative investment after all. Don't invest money you can't afford to lose.
This mine is simply far from being viable with the current price of gold. It was not in 2006 and it isn't now.
You may of course still chose to trade, the only good strategy with miners. Don't hold until you think gold is due to rise to >2,000 soon again.