| Home | Log In | Register | Our Services | My Account | Contact | Help |
You are NOT currently logged in
Vatukoula Gold Mines --- Increasing gold production (VGM)
walden - 03 Feb 2009 09:14
Couldn't see a thread for vgm following the transition from rvd and now producing gold at Vatukoula in Fiji. Looking to ramp up to a rate of 110,000 oz per annum by mid 2009 with current rate of production probably a little over 60,000 oz per annum.
Making good progress towards their targets.
Making good progress towards their targets.
halifax - 09 Apr 2009 16:28 - 12 of 454
can't see any bid succeeding under 2p.
Balerboy
- 09 Apr 2009 18:07
- 13 of 454
I'd be quite happy with 2p+ thank you, oh happy days
cynic
- 09 Apr 2009 18:09
- 14 of 454
whjy would anyone want to buy this tiddly gold mine(r) with hugely expensive extraction costs?
halifax - 09 Apr 2009 18:17 - 15 of 454
If new equipment purchased production could increasse to 100k ozs pa and costs would fall. market cap 10m, 100kozs gold @ say $800peroz = 60m. QED.
cynic
- 09 Apr 2009 20:16
- 16 of 454
your money but something like CEY is a much better bet
halifax - 09 Apr 2009 21:59 - 17 of 454
CEY have it all to do, VGM is producing.
cynic
- 10 Apr 2009 07:42
- 18 of 454
agree to differ (sharply) on the better investmnent and potential ...... in fact i don't hold CEY and have not done so for several months, but like to keep an eye on them
required field - 10 Apr 2009 10:23 - 19 of 454
Has anybody read through the operational update : they are hardly making any money at all !, this will peak and then drop....good for a quick in and out...just don't keep them !.
halifax - 10 Apr 2009 12:06 - 20 of 454
rf that depends if bids materialise and the price offerred, directors unlikely to accept a deal pitched lower than 2p inmho.
cynic
- 10 Apr 2009 13:42
- 21 of 454
but does anyone think the company is worth any more than twopence!?
required field - 10 Apr 2009 15:37 - 22 of 454
How many shares are there ?....hundreds of millions probably.....more than 750 workers.....not much money coming in....market cap of 10 million at a penny.....if this goes up further ...I would take profits if I was in !.
halifax - 13 Apr 2009 19:49 - 23 of 454
rf if you are not in why are you concerned? Are you a de-ramper or just bitter that you are missing the boat?
cynic
- 13 Apr 2009 19:54
- 24 of 454
ah yes .... i forgot .... to halifax, anyone who does not care for "his" companies is perjoratively deemed a deramper
halifax - 13 Apr 2009 19:57 - 25 of 454
cynic glad you have owned up at last!
cynic
- 13 Apr 2009 20:12
- 26 of 454
que?
required field - 13 Apr 2009 20:39 - 27 of 454
Halifax, I would jump in straight away if I could make a buck or two....not so sure....reading the RNS's does not inspire....but it may rise just with everybody piling in.....and rise to what level ?, if this goes anywhere 2p...I would say take the profits because the company itself looks like a loser !.
required field - 14 Apr 2009 08:15 - 28 of 454
Well, I missed out on this one...should have got in last Thursday....please take some profits guys !.
cynic
- 14 Apr 2009 08:48
- 29 of 454
with a true/live market price of 1.50/1.75 you would be very hard pressed indeed to make any money
2517GEORGE
- 14 Apr 2009 08:56
- 30 of 454
cynic, you can sell @ 1.60 and buy @ 1.68, so not quite as bad as the live market price is indicating.
2517
2517
required field - 14 Apr 2009 09:42 - 31 of 454
Those that got in at .95p will have done very well....I should have done the same, but otherwise apart from this takeover, I would not have given this company a second look, it is too late to buy in now !.
| About MoneyAM | Ts and Cs | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us | Site Map | © 2025 MoneyAM |
Register now for FREE
Share Prices,
Stock Quotes,
Charts, Bulletin Boards, Indices, Watchlists, Portfolio, Market News, Research
or see our Premium Services including Level 2, Terminal and much more.
Follow us on Twitter