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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.

aldwickk - 23 Sep 2010 07:59 - 294 of 454

What about it ? i held those about a year ago but the share price wasn't going anywhere , how are they doing now

transco15 - 23 Sep 2010 11:32 - 295 of 454

I read a very promising report on them - look ver undervalued but that market not woken up to them yet!!

Balerboy - 28 Sep 2010 22:21 - 296 of 454

with gold well past 13$ VGM is rocketing into profit, 4p by xmas.,. buy buy buy

Balerboy - 30 Sep 2010 08:36 - 297 of 454

Still climbing.,. will we see 3p today???

cynic - 30 Sep 2010 09:22 - 298 of 454

this is a share, prob even worse than SOLG, that i find too scary, and certainly warned off No2 son yesterday ..... as far as i can see, there is no real logic to the rise either than just on the back of the gold price .... any way you look at it, these two companies are squiddly-diddly, and when they fall, they do so at 10x the pace that they rose

mnamreh - 30 Sep 2010 09:32 - 299 of 454

.

cynic - 30 Sep 2010 10:01 - 300 of 454

SRB - not the faintest idea; far too small to be of interest to me and have never looked at it

required field - 30 Sep 2010 10:17 - 301 of 454

A heck of a lot of gold stocks are rising...even minnows...but not all of them...just some....

mnamreh - 30 Sep 2010 10:25 - 302 of 454

.

required field - 30 Sep 2010 10:27 - 303 of 454

Perhaps not a panic...but we all know that the world economies are not exactly booming,.... gold is acting like a currency...and the trend is a gentle rise....

Balerboy - 30 Sep 2010 11:01 - 304 of 454

Got to disagree cynic..... this rose I think from 1p+ to 2.6p last and settled back to 2.3p now rising steady as you say on back of gold price and xmas/ indian demand. If we get past 3p, good profit made and expect to fall back to 2.5p but who knows how far it will go, early days plus good rns's .,.emu

cynic - 30 Sep 2010 11:21 - 305 of 454

may be, but not for me i think ..... i hold CEY and POG, both of which and of course are NOT rising and even falling!

required field - 30 Sep 2010 11:26 - 306 of 454

The market caps are far too big now Cynic.....better to pick some midcap gold producer-explorers.....CLF-MIRL-MML....all isable also AVM (Aim) (not in) but seems to be doing fine....( I can never ever get that one right)......

cynic - 30 Sep 2010 11:29 - 307 of 454

too big for whom? ...... POG drives me nuts, but i think it's a damn good company; CEY is slightly more speculative but is actually producing and has good and proven reserves

required field - 30 Sep 2010 11:31 - 308 of 454

I'm not saying that they are bad companies...they are tremendous firms...but they are too big and the small investor needs swings in the market...hence midcaps that are rising such as the ones cited above make better for the Isa....

cynic - 30 Sep 2010 11:34 - 309 of 454

ah - well my perspective is slightly different as i deal in CFDs ..... which of your 4 above do you rate the most highly and i'll check it out

required field - 30 Sep 2010 11:36 - 310 of 454

Cluff Gold....(CLF) looks more and more promising.....I hold all three.

cynic - 30 Sep 2010 11:37 - 311 of 454

ah yes indeed - cluff is another excellent company, though for some reason i have never checked it out

required field - 30 Sep 2010 11:39 - 312 of 454

I'm hoping for the sp to climb perhaps as high as 150p.....in time....I tried to get a cfd on it.....too small a cap..I was told....perhaps you might have better luck....

Balerboy - 30 Sep 2010 12:39 - 313 of 454

cynic must have bought a mil, gone to 3.06p .,.
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