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.

just read this on another bb

Just speaking with TD waterhouse there only allowing long posisions on VGM, they cant borrow the stock to offer a short, all bodes well for the next coming weeks months, just topped up, good opp this morning. my view on this is the same sort of stock

you misunderstand - that just means there is no one left willing to lend stock - i.e. everyone wants to short it

lol
yr neaver change cynic

my comment however was accurate, even if you don't like it

The fundamentals for the stock look very good to me

Finally sold all my holdings today @ an average 3.5+ bag.. sp v happy with that. will come back in if this drops to 150ish... can't see this doing much for a little while... have gone into RGM, TWL, SRES & ABH(today pm) with the proceeds thru this week.

GLA..

just for those of you that think this is a fly my night company well watch the video and you may think again this is @ $1,400 gold a $80,000,000 a yearly profit company now that not something to turn your noise up too

http://www.gowebcasting.com/events/denver-gold-group/2010/09/20/vatukoula-gold-mines/play/stream/1037

thanks harrycat looks good for 215p today

i see all the pi have left this to the long players don't be fooled by this share still has a long way to go this is a no brainer

Nice recovery!

bought back in last week at 1.95p am very happy to see this rise, back in the money again.,.

VGM looks cheap at 180p now.

it's not a stock i care for much, but i would not be at all surprised to see sp hit 200 dma ..... btw, only canaries go cheep!

and emu's, if it hits the 200 dma i'll have to stick my head somewhere dark......

up your arse - or does the sun from there?

Good rns, should be very busy by next xmas.,.

"We are very encouraged by the initial results from the drilling programme, which show further mineralisation close to surface and possible down dip and along strike extensions of the Vatukoula ore bodies. Our focus remains on developing the exploration potential of the mine to expand current production and we look forward to reporting additional drill results."

"The combination of extensive historical mining data, minimal exploration over the last 30 years, and modern exploration techniques provides an exceptional opportunity for Vatukoula to undertake exploration in the Tavua Caldera. Vatukoula is a world class gold deposit, with over 7 million ounces of gold produced to date, and a further 3.9 million ounces in Resources."

VGM is facing some difficulty now.

so i guess it wasn't that cheap at 180 then

Am 30% down on these , Tom W bought more for his gold fund at 100p and thinks they are a long term hold. That was before the latest update.