Rock Damper - VIT 300m o' 2g Au

Da Rock tooka lookit atta dis annna disects it:
 
- checkin' da map/photo onna website...........dis issa drilled atta angle from close ta bottom o' da existin' pit............oh really.........not new discovery..........just drillin' atta edge o' da old pit.................

- da Pit was abandoned afta mining 300k oz Au by Homestake..........

- VIT only earnin' in percentage.........not there yet........................

- VIT ain't drillin' mo' ..............just yet....................

- Stock wassa not halted by VIT..................not earth shakin's......just interestin'.....

So........all inna all..........VIT hassa interestin' prospects..........but ain't da slam dunk....that most are tinkin's........

Just da way I see dat!
HardRock

==========================

Victoria Intersects Wide Gold Zone at Santa Fe of 309m Grading 2.25 g/t

  • Press Release
  • Source: Victoria Gold Corp.
  • On 8:00 am EDT, Friday October 23, 2009
  • TORONTO, ONTARIO--(Marketwire - 10/23/09) - Victoria Gold Corp. (TSX-V:VIT - News) ("Victoria" or the "Company") is pleased to report assay results from diamond drill hole BH-2 at the Santa Fe gold exploration project, Nevada. Results are summarized below:

    ? BH-2 Summary Table: From To Grade, (m) (m) Meters g/t 0 309 309 2.25 including 38 41 3 3.46 and including 49 60 11 4.24 and including 104 153 49 3.93 including 125 132 7 7.57 including 125 128 3 11.49 and including 227 247 20 4.30 including 242 247 5 8.39 including 242 244 2 11.01 and including 275 281 6 4.73 337 383 46 0.87 including 347 361 14 1.46 

    "These gold assay results exceeded the expectations of Victoria and are especially encouraging since BH-2 is just the second hole drilled by the Company on the Santa Fe property; BH-2 was consistently mineralized with almost continuous gold values for a minimum of 385 m which we view as demonstrating that the property has substantial gold potential", said Chad Williams, President, CEO, and Director.

    Wide Gold Zone Intersected

    Victoria has the right to earn from Barrick Gold Corporation, up to a 70% interest in the Santa Fe gold property, which is comprised of 24 patented claims and 226 unpatented claims, by incurring exploration expenses in an aggregate amount of at least US$6.5 million over a six year period. Cumulative expenditures to date by Victoria are approximately US$1.2 million. Victoria has also staked 42 unpatented claims adjacent to the Santa Fe project. A summary table of historical drilling at the Santa Fe property can be found at www.vitgoldcorp.com.

    Victoria's exploration activities on the Santa Fe property started in the summer of 2009. Drill hole BH-1 returned 1.34 g/t over 47.6m as reported in a press release of the Company dated September 16th, 2009.

    BH-2 was drilled in the southeast corner, and close to the bottom of the main pit. This pit was mined to a depth of approximately 75 meters to the top elevation of BH-2. The company targeted one of three intersection zones mapped by its exploration team, in and close to the open pit. Poor core recovery was encountered in the following intervals 0m to 41.45m, 56.08m to 64.01m, 108.20m to 125.27m, 207.26m to 216.71m and 231.65m to 242.32m. BH-2 was lost ending in strongly altered mineralization. Therefore, the Company believes that the gold system continues to depth. A diagram showing the location of drill hole BH-2 will be made available at www.vitgoldcorp.com. The true thickness of the mineralization intersected by BH-2 is not known at this time due to insufficient drilling to date at this depth in this target zone.

    Drilling of BH-2 was carried out using HQ and NQ-sized core with assays taken mostly at 1.5 m intervals. The assays were prepared, processed and assayed by Inspectorate in Reno, NV. The cut-off grade for exploration purposes used by Victoria at the Santa Fe project is 300 ppb. Total waste (i.e. grading less than 300 ppb) in the 309.06 meters was 10.97 meters in three intervals: 79.86 m to 83.21 m, 155.75 m to 158.80 m, and 254.51 m to 259.08 m, which include a total of seven samples which range in length from 1.68 m to 1.52 m each. Assaying was done by fire assay with an atomic absorption ("AA") finish, and samples with AA results greater than 3,000 ppb were re-run by fire assay with gravimetric finish. Eleven standards, blanks, and duplicate assays were also run for QA-QC in the 309.06 meter interval.

    Next Steps at Santa Fe

    Victoria's geologists are currently compiling and analyzing the information generated by BH-2 including its structural geology characteristics. This will help determine the true orientation and size potential of the mineralized zones in the area near BH-2.

    As evidenced by BH-2, Victoria is justified in its commitment to continue exploring for gold in Nevada, one of the most prospective exploration jurisdictions for gold in the world. The timing of further drilling at Santa Fe will be based on the prioritization of work on this property relative to potential activity on Victoria's other quality gold exploration projects in Nevada and elsewhere.

    The technical contents in this press release were reviewed by Nancy J. Wolverson, Independent Consulting Geologist. She reviewed the analytical results and the QA/QC procedures in place at the facilities of the Company and the analytical laboratory. Ms. Wolverson is a Certified Professional Geologist (C.P. Geo.) through the American Institute of Professional Geologists (AIPG) and is a Qualified Person as defined in National Instrument 43-101. Dr. Raul Madrid, Vice President, Exploration of the Company, directs the drilling and logging procedures and is responsible for the geologic interpretation.

    About Victoria

    Victoria is a high growth gold company with a focus on adding value per share through efficient exploration, project development, accretive acquisitions and effective marketing. Maintaining a low risk profile through project diversification, sound financial management, and operating in secure jurisdictions are key priorities for Victoria's management team.

    On Behalf of Victoria Gold Corp.

    Chad Williams, P. Eng, CEO, President & Director

    Cautionary Language and Forward-Looking Statements

    This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.

    This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

    Contact:


    Contacts:
    Victoria Gold Corp.
    Chad Williams
    President & CEO
    (416) 866-8800 ext 230
    cwilliams@vitgoldcorp.com
    www.vitgoldcorp.com
    ================================

    ========================================

    da Rock issa using dese charts ta keep regular tabs ..........onna ma subjects o' interest ta moi. 
       
        ma interests are:
        A.   Gold/Silver Trends
        B.   Copper & base metals
        C.   Miners......wit possible big gains
       
        Note: sum o' dese charts ta do wit ratios; report yestaday's numbers; da stock ones are up ta date!
       
       
    *********** comments 'ere issa only fo' enfotainment reasons *************
        *************************** Not financial advice
    ***********************************
       
    =============================================================================

        A.   Gold/Silver Trends
       
       
    Kitco Gold - 48 hrs:
       
    Live 24 hour Gold Chart
       
        Still waitin' fo' da delayed + June 12th break through $1000 USD
       
    Got dat.....but now what??? ..Broke record now what???

        

     Kitco Silver - 48 hours
        
    * Fallen behind Gold inna ratio.......due fo' catchup




       
    Price o' Gold:
       
     - Gold Price Daily
       
       
    *  Broke $1000 & record - now what???
       
       
    Gold - Weekly
       
    $GOLD (Weekly)
    * Da answer issa 'ere inna da weekly .......
        * Da Rock notes a assymetrical pennant...indicatin'  a Massive Breakout ta topside comin'
       

        GLD ETF

        - usin' dis ta checks fo' Volume
       
    GLD (Daily)
       
       
        HUI - Gold Bugs Index:
       
     - Popular 15 unhedged Gold Miners
       

    *  HUI retreats from high...
    *  Gotta look back ta da Gold weekly ta understand dis........normal consolidation
       
       

        Gold Stock ETF:
        - 34 Gold/Silver Miners
       
    *.....da Rock's waitin's fo' money moves ta Juniors........
    *Have ya seens do's breakouts by sum juniors???
        
        

        HUI ta Gold Ratio
       
    - Gold Stocks leads Gold inna Bull Run
       
    *  Stocks leadin's agin
    *  Ratio breaks 50 dma
       
       
       
    GDM Bullish Percent Indicator:
       
    - Trend indicator fo Gold Miners
       

       



        
       
    $BPGDM (Weekly)
    *  Note dat dis indicator since Jan 2009 has traced a risin' pennant formation.....Bullish fo' breakout ta da up side....Soon
       
       
       
    Gold Corp - Big Gold:
       
     - Unhedged anna inna Cannuckland
       

       
    *  Dis issa ma own proprietary indicator...........ma thoughts are
        dis guy issa fully priced...........Glamourous but expensive........
        ..........Monies movin's ta Mids anna Juniors...........
       
       

       

        Gold vs S&P 500:
       
    - to be in Gold or Stocks
       

       

        *  lookin fo' direction ; cuz they both movin's up.....
    .....regular mkts supply cash fo' minin' juniors.....
        
        
        S&P 500 Index
        - 500 Large Cap Universe inna USA
       
        *SPX hassa neva looked back........recovery issa on track.......
        * Recovery issa good fo' Gold.............
        
        
    S&P500 Showin's da bottoming Head & Shoulders
       
    $SPX (Weekly)
     

       

    * Da Rock's read o' dis issa............right shoulder issa higher dan left shoulder.....
        *  Bullish fo' recovery
       

       
       
       
    TSX Composite
        - Da Canuckland index
       
        *  Main pattern issa up..............
        *  TSX over 50dma
       
       

    =================================================================
     
    B.   Copper, Commodities & Metals

    CDNX Venture
       
     - Proxy fo' ma Junior Golds/Metals
       

    * Like everyting else........up ....anna...up
    * Winter season should be good ta Venturites........
        
        

    Continuous Commodities Index
       
     - 17 key commodities
       

        * Commodities issa da major theme fo' next 3 years
        * looks like da Nat Gas rocket........goin' ballistics


    $CCI (Weekly)

    Silver ETF:
       
     -  Silver follows Gold; wit bigger gains
    $SILVER (Daily)
    * Pullback means mo' opps.....
    * dis issa gonna blow ..........soon!!!

    $SILVER (Weekly)

    Gold/Silver Ratio

    $GOLD:$SILVER (Daily)

    * Silver shoulda start movin's North
    .............dat is downwards inna da ratio

    $GOLD:$SILVER (Weeklyt style=

    Gold/Silver Ratio

    $GOLD:$SILVER (Daily)

    * Silver shoulda start movin's North
    .............dat is downwards inna da ratio

    $GOLD:$SILVER (Weekly)

    US Dollar:
        - decoupled from Gold
       
       
    * Oil anna commodities may move dependant upon US$
        *  Dis issa da Key Driver:  Gold hassa broken free........supported by Chinese buyin'

    $USD (Weekly)    

        
       
    Oil:
        - onna up trend; inverse o' da USD$
         $WTIC (Daily)

       
    *  Oil takes off..........gonna drive Gold

        
       
    Oil Bullish Indicator:
       
       
       
       
    Natural Gas
       
    - Rockets from da bottom
       

        * Lookit da Nat Gas rocket.........missed dat!!??
       
        Ratio Oil/Natural Gas
        - now at historical high
       
    $WTIC:$NATGAS (Weekly)
       
       
    UNG - Natural Gas Fund
        - may be bottoming

    UNG (Daily)
       

        *  Da Rock hassa decided ta stay aways from dis one

        

        Coal ETF

       
    - moves wit oil
        KOL (Daily)
    *  Will move wit oil moves.....................
        Da Rock likes coal betta.................dan Nat Gas
       
       
       

       
    *  Will move wit oil moves.....................
        Da Rock likes coal betta.................dan Nat Gas
       
       
       

       
    Doctor Copper:
       
     - Da Dr.  leads anna predicts da economy usually
       
       
    *  Copper made a clear move to $3 anna now consolidatin'


    Steel Stocks vs NYSE
        - gives leadin' indicator o' economy
       
    - gives leadin' indicator o' economy
    SLX:$DJW (Daily)
        *  Da Rock sees steel ta be makin' big moves soon.......
        *  Infrastructure $$$ finally makin' itself felt.......
       
        Shippin' Rates
        - indicator o' world trade
       
    $BDI (Daily)
        Why Rates goin' down:
       
    http://www.fool.com/investing/general/2009/09/18/too-many-ships-destined-for-the-seas.aspx
        *  Don't worry 'bout rates.........too many ships comin' on line...
        

    Volatility Index
    - Consolidatin' good
    $VIX (Daily)
     ViX lowers........issa good fo' S&P

       $VIX (Weekly)
    =================================================================
    C.  Miners; Juniors; Nano-caps

    CMM.V (Weekly)

        
        
        Century Mining - da Rock's Fav:

         - Hi-grade Gold mine inna Canuckland
     
    *  Dis issa a $5 stock sittin's @ 18 cents................
    *  $4 million Bridge loan closin Oct 2
    *  $20 million financin' closin' Oct 27
    *  Where does ya tink da Rock's .....got 'is bets....on???
    *  Still waitin's fo' Peggy.....Peggy....
        


        


    Cliffs Natural Resources
         -  Iron Ore anna Coal miner
       


    *   CLF issa leadin' indicator..........wit Asian sales.................
    *  50% o' facilites idle presently.............
    *  What happens wit mo' demand???
    *  Itsa happened.......mo' miners back @ work!!!
        
        
       

    HL - Hecla Mining  
        - Undervalued Silver Miner 
        


    *  Now atta time o' year for revenue from Alaska................
    *  Next quarter........numbers gonna surprise............
    *  Got gold too..........inna Alaska
    *  Doubled already!!!
        



    SLW - Silver Wheaton
       
    - Silver royalties only; no minin' 

    *  SLW's got 21 employees only.............
    *  All costs fixed...............so highly leveraged ta silver price
    *  Winner already
        
        
    New Gold
        - Biz combination wit WGW gonna create synergy
        


    *  NGD anna WGW combination movin's forward...................
    *  Dis is a 10 bagger from 'ere..................might take 2 years..........
    *  Steady upwards
      

    Great Basin Gold
      * 13 million ozs comin' on line...........



    GBG.TO (Weekly)

        
      
    Ring O' Fire - KWG
     - Chromite, Diamonds, anna VMS Copper/Zinc/Lead/Silver fo' literally a few pennies
       
       
    *  Big Daddy Chromite........also gots rare earth metals.....anna PGE group metals...........Kin you say Rhodium............anna Platinum
    *  Debut distribution o' shares comin's
    *  Railroad comin'
    *  TSX comin'
        Dis stock issa long term hold fo' $$$
    *  Stock seems ta be walkin up
        
        

    UC Resources .......Ring o Fire 
    - drillin' big analmoly
     
    * Watch fo' Surprise hit ..........sumting big!
       
        
        Dats a wrap fo' Now!
        HardRock