Welcome To The VIT Chat Board

The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

Free
Message: VIT a leveraged play on Bullion?

VIT a leveraged play on Bullion?

posted on Oct 12, 2009 01:48AM

Comparing the charts of VIT and Gold, VIT looks like a leveraged play on Gold. Both VIT and Gold started their recent runs in the 1st week of September and have moved in unison since with VIT's %age moves being greater.

This might be simply based on VIT's increasing viability with Gold's appreciation and insiders and savvy juniors players placing a bet on Gold by buying VIT.

On the other hand there may have been some specific recent development within the company that's giving an extra push to insider buying.

I know there are lots of serious Due Dilligence guys here on the VIT forum. Anybody have any ideas about likely impending news?

Share
New Message
Please login to post a reply