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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.

Balerboy - 18 Jan 2010 12:10 - 195 of 454

missed the boat AGAIN cynic.....your making a habit of this, the couldren will be stirring!!!!!

cynic - 18 Jan 2010 12:12 - 196 of 454

if i get burned or even slightly singed, it will be 150% my own fault for being stupid and greedy

hlyeo98 - 18 Jan 2010 12:43 - 197 of 454

cynic, you should let profits run, i see you are getting very nervy lately.

cynic - 18 Jan 2010 12:46 - 198 of 454

not especially, but i have never been afraid to bank decent profits ..... with VGM, it was just a total spiv, as i really cannot see this as much of a company

foxnil - 18 Jan 2010 15:26 - 199 of 454

Vatukoula Gold Mines* Production Ramp Up on Track for End of 2010. Buy at 2.56p with 3.9p Target Price
A few useful info in this UK-Analyst report

micky468 - 18 Jan 2010 15:57 - 200 of 454

thank foxnil great reading great company

micky468 - 18 Jan 2010 16:43 - 201 of 454

nice little 10,000,000 just gone in should give a nice little kick in the morning

cynic - 18 Jan 2010 16:50 - 202 of 454

Time Price Quantity Type Bid Offer Buy/Sell Total Buy Total Sell Total Unknown
18/01/10 16:40 2.4727 2,750,000 O 2.45 2.46 Buy 70,361,110 60,480,786 13,902,174
18/01/10 16:39 2.5 10,000,000 O 2.45 2.46 Buy 67,611,110 60,480,786 13,902,174
18/01/10 16:36 2.46 2,500,000 O 2.45 2.46 Buy 57,611,110 60,480,786 13,902,174
18/01/10 16:29 2.45 2,500,000 O 2.45 2.46 Sell 55,111,110 60,480,786 13,902,174
18/01/10 16:28 2.456 4,000 O 2.45 2.46 Buy 55,111,110 57,980,786 13,902,174

If this displays properly, the last 4 trades are quite interesting.
all are standard "open" trades.
however, it also shows that there is plenty of stock still floating about

micky468 - 18 Jan 2010 17:15 - 203 of 454

cynic we had another 10 million buy just flashed through at 5pm sorry just look again also 6,000 000 and some L updates

cynic - 18 Jan 2010 17:20 - 204 of 454

just seen it .... also an "open trade" buy

required field - 18 Jan 2010 17:26 - 205 of 454

I'm not in but if you look at AVM (not in either) : it is only double this market cap and it's a much, much larger company...to my way of thinking a better bet if you take out the speculation on this one.....how much is this producing yet ?....by the way Avocet is close to 100000 ounces per year soon if I'm not mistaken...to me this is overrated.

cynic - 18 Jan 2010 17:30 - 206 of 454

it was pure greed (and stupidity) that got me into VGM, albeit not for huge amounts ..... i know of rather than about AVM, and have never followed it at all

micky468 - 18 Jan 2010 17:30 - 207 of 454

we could now see this at the next level in a couple of day being 3.82p this is not just PI buying here cynic........ this is looking like mid to long term buying ?

cynic - 18 Jan 2010 17:31 - 208 of 454

who says?
10m shares = 100k, which to some is not big bananas
and even if it is mid/long-term investment, look how well Mr P has done with his HUGE stake in GOO

micky468 - 18 Jan 2010 17:41 - 209 of 454

cynic there still more coming in 50,000,000 shares have been traded after time was called ........and who the fk is mr.P ? LOL O by the way 10m shares = 249k

cynic - 18 Jan 2010 17:57 - 210 of 454

i see only 10m + 2.75m traded after hours .... forgot sp was no longer +/-1p!

Mr (P(arvezi) is a professional poker player (i believe) who now owns or did a year ago, about 12.5% of GOO ..... great call for that hand!

micky468 - 18 Jan 2010 20:40 - 211 of 454

That ain't your real name is it cynic... LOL .....i no you like poker and you have been buying GOO on the quiet !:-))...lets hope we have a good day tomorrow unfortunately out all day tomorrow i'm going to be itching .

micky468 - 19 Jan 2010 17:14 - 212 of 454

well another good day today mm still buying in 10,000,000 lots 39m shares traded today P.I must be mad selling these shares @this price 3.82p next stop for tree shake.

kimoldfield - 19 Jan 2010 17:17 - 213 of 454

Keep the faith mickey! ;o)

micky468 - 20 Jan 2010 18:30 - 214 of 454

hi kim another good day today 90m + shares traded ..its looking more and more intesting... lots of institutes buying now i feel still if anyone no how to make money they do ........like to have a penny for every share they have on vgm
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