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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.

cynic - 14 Jan 2010 15:44 - 147 of 454

that's a brave call, but not the point i was making anyway

micky468 - 14 Jan 2010 15:45 - 148 of 454

mm giving mid price now on sells somebody whats them

micky468 - 14 Jan 2010 15:53 - 149 of 454

looks like theres a buyer in........ there soaking sell up like a sponge there holding this back i think!! i might be wrong. cynic any views

cynic - 14 Jan 2010 15:54 - 150 of 454

if you go to L2 you'll see that lowest bid is 2.16 and highest offer is 2.60, but best of both is now 2.40/2.41

micky468 - 14 Jan 2010 16:00 - 151 of 454

2.39p now cynic but yr right

micky468 - 14 Jan 2010 16:36 - 152 of 454

not a bad day after all 200,000,000 traded in one day how bad up .34p if it stay here for a bit will be good for next leg up have a great night to all

Balerboy - 14 Jan 2010 16:40 - 153 of 454

not complaining, if looks healthy tomorrow or even a tad back will buy some more. will see. cheers micky

kimoldfield - 14 Jan 2010 17:29 - 154 of 454

A satisfactory day!

micky468 - 15 Jan 2010 08:43 - 155 of 454

Morning to you all.. Lots of small sell but a lot of 1,000.000 buy as well

cynic - 15 Jan 2010 08:47 - 156 of 454

do remember that that is only 25k, so don't get overexcited

micky468 - 15 Jan 2010 08:56 - 157 of 454

cynic something to read let me no wt you think...The Company's latest presentation

http://www.vatukoulagoldmines.com/admin/LatestNews/Docs/VGM%20Presentation%20Jan%2010.pdf

Balerboy - 15 Jan 2010 09:06 - 158 of 454

bought back in first thing as it looked good but chickened out and sold the lot for good profit, have held from 1p mark so am happy.

micky468 - 15 Jan 2010 09:09 - 159 of 454

have you read the presentation balerboy i thing you may have jumped to soon but good luck ;-)

Balerboy - 15 Jan 2010 09:14 - 160 of 454

i have read it but not that exciting so made the decision.

micky468 - 15 Jan 2010 09:52 - 161 of 454

here,s a 3 day chart looks very bullish movement we should see 2.72p today that my view

Chart.aspx?Provider=Intra&Code=VGM&Size=

kimoldfield - 15 Jan 2010 09:55 - 162 of 454

Perhaps even 3p micky?

Balerboy - 15 Jan 2010 09:56 - 163 of 454

at the mo looks like i was a bit premature , good luck to those still in but don't get caught with too much greed. BB

cynic - 15 Jan 2010 10:05 - 164 of 454

fuck off you .... you're sounding like my echo :-))

kimoldfield - 15 Jan 2010 10:06 - 165 of 454

Thanks BB! I've reduced to 300k but that is staying. I can't see any material downside to VGM, barring disaster at the mine or a gold price collapse of course. I can see a lot of upside though!

micky468 - 15 Jan 2010 10:07 - 166 of 454

this is not about greed balerboy this is about long tem investment this company as it all....... and as long as management don't fuck up we really could see 15p don,t forget they paying work force 6 years into there pension fun that mean they no they will earn more money out of them this is a great tem we have here
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