Ann: Board and Management Changes, page-18

To be honest the story would have to be compelling personally for me to invest in Vic gold while the West African producers and explorers present such good buying. WAF and PRU have amongst the lowest worldwide AISC and are money printing machines. There seems to be a large sovereign risk discount but, for example, Burkina Faso has had 2 coupes this year but the mining industry has continued unimpeded. On the explorers front PDI are proving up a monster deposit so Africa's the place to be for me.
The lower gold goes the more compelling their stories because of their AISC.
Of course not saying Vic gold is dead but the low hanging fruit is elsewhere.