This is exactly the comparison that I use to be patient with VIT. I know Osisko a little because I have my cottage 20KM from Malartic the City where Osisko built this biggest gold open pit mine in Canada. I even visited the mine in April 2011 when they did an "open house" for the Malartic population for their officially full starting production.

The two Cie are very similar ; Float of share of Osisko is 380 millions, It is a low grade open pit even a little bit lower than VIT. They had 10 millions gold reserve, But the cost to bring Osiko in production was way higher than VIT those previous cost were 1 billions compare to 430 millions for VIT. The starting cost was that hight because they had to expropriate and relocate half the population of Malartic, built new scool, new daycare, new houses, etc

The price of gold at the time they decide to go ahead with Osisko project was $ 850.00 at the time, it is now $1700.00 with VIT project.

The share price of Osisko started to increase around two years before production. VIT need two summer to built mine infrastructure, summer 2013  and summer 2014 and strat production after to a full production Q1 2015.

So VIT is at  two years of production, just aroound to have their permit and their financement. I think the share price is just about to start to go up.

Good luck patient share holders. 

Rej