posted
Did a quick check on VGZ from <.10 board. Company has cash to operate no debt a fine list of propertys. A difference with this company that may diversify your gold holdings is the locate,test,manage reserves. KGC is the same size company. NOTICE the number of employees. Last year I bought KGC around 1000@$4.83. I will by 1000 of VGZ. NOTICE year end the run chart VGC just gave you a "headsup" for JAN04. Although did not mention size or reserve it is a new area with decent test results. NOTICE read back PR a ways. I think this tells you a solid company. I believe this will follow KGC. One other thing (which I haven't checked yet is OPTIONS) HERE IS MY HISTORY (no costs ) BLE"KGC" 1000@4.83 -$4803.00 SLO"KGCEB"-$10 -2@.65 +$ 130.00 SLO"KGCEB"-$10 -2@.70 +$ 140.00 SLO"KGCEB"-$10 -2@.75 +$ 150.00 CURRENT COST $4383.00(4.383 ) On May 21/04 if price is >11 I will get 10@600 and 400@11= $10400((10.40)+6.017) If price is 9 I will get 9@1000=(9000)+4.617) Run a chart with KGC & comapre to VGZ ??????
[This message has been edited by VNGNTN1 (edited November 26, 2003).]
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