VIC 25.0% 0.3¢ victory mines limited

Ann: Company Update, page-45

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  1. 6,805 Posts.
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    Yes it would be good if posters were allowed to "red flag" VIC as a further alternative to the Sentiment section. If there were enough posters who considered that the company deserved a "Red Flag" sentiment and gave good reasons for their view then there could be a large red flag attached to the name of the company.


    I mean I haven't said a lot about what some posters have got excited about but why on earth have some got carried away with that bit in the latest announcement that VIC and its glorious "Geology Team" were suddenly looking at drilling Malamute and Husky prospects. WOW. Momentous decision !

    So they intend (according to Dr Ellingford) to drill 3 (i.e. three) AC/RC air holes in Husky and the grand total of ONE in Malamute. That shows how confident (not) they are. Air core drilling is cheap.....so that figures for these guys. But a normal air core drilling programme would involve 100+ or 200+ holes drilled in a line at measured spaced positions to ensure the chance of finding anything of significance.

    It is a farce! And we are supposed to swallow it all hook, line and sinker.

    I would hope that the ASX does not swallow it. GLTA

 
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Currently unlisted public company.

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