Vatukoula Gold Share Discussion Threads

[jgp212] 27/8/2013 14:10

Excuse my ignorance but are you trading this stock
in line with the gold price?

tia

[chinese investor] 27/8/2013 14:00

$1,420 reached !

[chinese investor] 27/8/2013 11:01

This is a Punt of the Future Price of Gold !

[atlantic57] 27/8/2013 08:29

What is jim sinclair predicting his last prediction was`a low for gold in march 2013 followed by 3500 dollars`within 18 months.

[gekks] 27/8/2013 08:03

Sprott forecasting $2400 within a year

[chinese investor] 27/8/2013 05:54

Come On $1,500 per Oz !

[dataline] 27/8/2013 01:34

Gold hits $1,407

[chinese investor] 22/8/2013 09:29

Come On $1,400 per Oz !

[chinese investor] 19/8/2013 12:40

I've updated the header !

[atlantic57] 19/8/2013 12:37

Chinese i have just read that gold will be 5000 dollars an ounce within 3 years.
Your fortune is assured!!

[chinese investor] 19/8/2013 09:19

Looking Good but Paxo has got to go !

[chinese investor] 19/8/2013 08:35

Shareholders have been given a false picture IMO !

[124asd] 16/8/2013 15:55

We have 36 trucks not running... We should replace Paxton and his side kick with mechanics at least the miners would be able to do their job. How are you going to achieve to mine 100,000 oz with only 10% of your trucks working. Paxton probably filled them up with petrol instead of diesel...

[124asd] 16/8/2013 15:36

I wonder how many trucks were running when the two shareholders visited last November... That's if they were shareholders. They have gone rather quiet haven't they.

[chinese investor] 16/8/2013 14:58

"We're running decent grades but we're short of equipment. We have about 40 trucks on the mine of which at the moment only four are running," Paxton said.

"We need to get all those trucks running; it's really the biggest issue and the first thing we're going to fix."

[chinese investor] 16/8/2013 14:50

My Chum informs me they've stumbled on some Lithium !

[atlantic57] 16/8/2013 13:35

124asd i totally agree with your post.

The Managements statements to shareholders for the last 3 years have been that we are 18 months from 100 000 ounces per year.

I do not recall them telling us 18 months ago that they needed to raise more money.

Although maybe i missed it Certainly the share price has been telling us for months that were not going to reach their planned production levels.

Mining is a difficult business fair enough however had they been directors in any of the private Companies i work with it is difficult to see how they would still be in a job.

[chinese investor] 16/8/2013 10:54

The "Elephant In The Room" is Zhongrun with their 66% holding !
They could buy the entire company for a song !
One Penny !

[124asd] 16/8/2013 09:58

Do any other shareholders out there think that Morzaria and Paxton should go. They couldn't of done a better job to erode value in this company yet they still have a job...
I don't recall Paxton ever telling shareholders that they had to raise money 18 months ago either. I do however recall him saying that they would be mining 100,000 ounces per year.

[chinese investor] 15/8/2013 18:11

Price of Gold $1,370 per Oz
Extraction Cost $970 per Oz
100,000 Oz Annually

$40 Million Annually
PE 10

Therefore it will be Capped at $400 Million (i.e. £256 Million) !!

322 Million Shares ---> Just Under A Quid A Share !!!

[chinese investor] 15/8/2013 18:08

No !

Gekks (VGM) 15 Aug'13 - 09:52 - 759 of 760
Do you believe that Gold is going to stay as low as $1300 ?

[gekks] 15/8/2013 09:52

Do you believe that Gold is going to stay as low as $1300 ?

[chinese investor] 14/8/2013 18:57

Price of Gold $1,300 per Oz
Extraction Cost $1,000 per Oz
100,000 Oz Annually

$30 Million Annually
PE 10

Therefore it will be Capped at $300 Million (i.e. £200 Million) !!

322 Million Shares ---> £0.67 a Share !!!