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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 - 16 Apr 2009 11:04 - 35 of 454

I waited to see if there was a bit more to come, silly me. still might come right.

2517GEORGE - 16 Apr 2009 11:34 - 36 of 454

Balerboy, I usually do that but I have started to be more disciplined as to when I sell, especially non divi paying minnows, with VGM I bought originally @ 1.02p and doubled up @ 0.68p, so very content. Also took some money from BRR this week although still holding some. I hope VGM come good again for all holders.
2517

security1 - 23 Apr 2009 14:19 - 37 of 454

talk of 2 bids @4p and 1 not showed there hand as soon as 2morrow.buy buy buy

security1 - 23 Apr 2009 14:41 - 38 of 454

templar minerals are 1 of the rumoured bidders 4p+

walden - 23 Apr 2009 16:21 - 39 of 454

and Templar Minerals without two halfpennies to rub together !!!!

Balerboy - 24 Apr 2009 10:58 - 40 of 454

Are we going to get another chance at 1.6p + next week?? Might make a profit on this yet.

DFGO - 25 Apr 2009 14:00 - 41 of 454

hopefully fireworks next week.

"Dealers believe Vatukoula Gold Mines edged up 0.1p to 1.075p ahead of expected fireworks next week. The boys in dark glasses think it has received three bid approaches and a cash offer of 3p could come early in the week.
That should start an auction because the stock is worth 5p-plus. The company owns the largest gold mine in Fiji which contains just under $800million of gold reserves."

http://www.dailymail.co.uk/money/article-1173309/MARKET-REPORT-Footsie-shrugs-gloom.html

cynic - 25 Apr 2009 14:07 - 42 of 454

well that bit of guff should get the lemmings leaping on board ..... and off again at the slightest whiff of disappointment

Argy2 - 25 Apr 2009 17:23 - 43 of 454

Which is precisely why MMs feed it to the press.

cynic - 25 Apr 2009 18:17 - 44 of 454

if one is selective and nimble - and i am not at all commending this company (it's crap!) - profits can be made ..... but don't forget to bank them!

2517GEORGE - 27 Apr 2009 08:38 - 45 of 454

Coming good again.
2517

Balerboy - 27 Apr 2009 08:48 - 46 of 454

I knew my time would come again, lol remind me to get out at the right time this time George.

2517GEORGE - 27 Apr 2009 08:54 - 47 of 454

Sorry, that's your decision, hopefully a profitable one.
2517

Balerboy - 27 Apr 2009 08:57 - 48 of 454

Too serious 2517, lighten up lol.

2517GEORGE - 27 Apr 2009 09:05 - 49 of 454

Money is a serious matter, ha! ha! As we 'down yer' well know, not quite as 'careful' (so they say) as those north of the border but a close second.
2517

Balerboy - 27 Apr 2009 09:43 - 50 of 454

Reckon Cynic got zippers and a padlock on his pockets, lol. They like to count it every night. We like to spend on a drop of scumpy.

cynic - 28 Apr 2009 15:35 - 51 of 454

interesting to see this on L2 ..... MMs only offering/bidding in lots of 50k ..... spread isn't horrific at abput 8% and HUGE volume today of 32 million, thought that is only 350k

walden - 28 Apr 2009 15:57 - 52 of 454

MMs are holding this up today -- they don't want to get squeezed if and when a bid comes in.

cynic - 28 Apr 2009 16:22 - 53 of 454

being a total arsehole, and having made some decent splosh over the last several weeks, i decided to gamble and buy 250k @ 1.35 ...... though technically only offered in lumps of 50k, the order was readily filled, which implies there are still sellers about

cynic - 28 Apr 2009 17:22 - 54 of 454

from memory, 18m traded yesterday and certainly 40m traded today ...... strange shenanigans with not much to show for it all
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