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.

l have been closely monitoring this stock for a while now and quite relieved i resisted in buying following announcement of consolidation . l would have to err on the side of B/B s observations and prognosis in this instance in that share consolidations- esp. short term- rarely advance a companies s/p; and even when they do they seem to take forever. .......But thats not to say i wouldnt buy on any sizeable drop in post consolidation price - as undoubtadly this stock is not without its attractions as illustrated by todays nice percentile gain

The stock is up this week by more than one third already.So if consolidation holds fears for you,you could still sell before the event. On the other hand I reckon this fear may be nothing to worry unduly about. After all,it is what the company prospects amount to that counts.

Think TFC has right idea, buy on drop after consolidation but not too early, Christmas gold rush is nearly over for the india market but saying that the Chinees could keep momentum going, will wait and see.

Gold on its way to $1,400 tonight

Back to this consolidation issue.
Still to be voted on,but the intention of reducing volatility must be a good thing.
Hang in there ,don't be afraid of ghosts where there are none.

Hoped you bank some substantial profit Friday @ 4.4p CP

VGM at 201 What the hell has happened
edit: forgot consolidation.

What was closing price yesterday?
Was it 4.2p
At that price it sshould have been opening at 210

Roaring on at 235

Consolidation, at the moment, does not seem to have done any harm!

but we new this kim,... nice to see long trem money paying off would be nice to see 3 for next month

pleased i bought in at 4.23 yesterday could be a nice xmas present for her indoors

Awesome.

Gold now over 1400 bucks an ounce.
And,VGM looks to be a little gold mine if you will pardon the pun.
What was all that crap about a fall on consolidation?

Always wrong me.....gla

this is a no brianer 3 end of next month

It's true, there is a lot of potential here barring problems at the mine, they do seem to have got on top of their various problems though. Good for them!

Did anybody have trouble with their brokers not updating your portfolio ?

still waiting myself

Me too!