Ann: Voluntary Suspension Extension, page-19

I would have to agree, but as Ura said their have been longer suspensions, issue here is you have management that thus far don't have a brilliant record of advancing projects successfully, in fact their record indicates a history of poor performance relative to delivering shareholder value. That's the worry. If it had been Ken Brisden or the like putting VIC into an extended suspension you would feel optimistic.

To be honest right now while writing this I don't see much hope of getting my capital back. Not sure how others feel about that comment.

In my mind there should have been.

1. Effort to sell of Bonaparte (for whatever they can get).
2. Announcement of contractor for Drilling Malmute/Huske
3. Commencement of said drilling
4. Assays released following program.

The acquisition of another tenement when they have not got the cash to progress, even slightly, the tenements they currently hold is ludicrous.

At the very least their should have been advancement of the current tenements to increase the value of VIC with a takeover in mind.

Currently even when the suspension is lifted and they have indeed acquired another terrific tenement it amounts to a lot of hot air if you they have not got the where with all to "add value" to it.

Acquiring a tenement in some respects is not a lot different to purchasing a run down house in a good location and adding a lick of paint, putting in new carpet, fixing the front fence and reselling.

Happy for them to acquire tenements but for god sake add a lick of paint (conduct drilling and release assays). Get a bloody JORC completed (new carpet and re stump) and put the bloody company on the market for a takeover and return some value to shareholders. If they actually did this they would most likely have a far more significant pay day than continued credit raises etc. assuming assays are on the money.

In short the above is all that the majority of holders wanted. No one here really expected VIC to mine but rather advance the tenements and adding some value for a takeover.

I would not be filthy with them at all if they drilled the hell out of the tenements and they were dusters......that's the game with a stock like this, but I at least expect them to get drilling, only reason I am in this stock. But they'd have at least done their bloody job, and could hold their heads high.

They are intelligent enough to be in the position of being able to be benefit from credit raises etc. It is not that hard to organize and complete a drilling program.

Anyway time will tell what they come up with, hopefully my post is way off the mark and some value is added for holders.

Honestly Its not about whinging or whining or not excepting time delays etc. Yes it is a spec but they still have obligations in this case all we really want is some drilling of current tenements, if its a duster so be it no one would be happy, but that was the punt...do we hold a commercially viable deposit of ore or not ?

But right now the way this is proceeding.....if it looks like a duck, walks like a duck, quacks like a duck. Its probably a duck.