VKA 0.00% 0.9¢ viking mines limited

VKA potential, page-4

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    A good interview with Michael Gentile an ex fund manager on why gold is the right place to be.

    Michael outlines 6 investment criteria when looking at gold exploration stocks:
    1. Grade Michael says is really important - As everyone knows Viking's gold is very high grade
    2. Potential for scale - The recent surrounding tenement acquisitions ensures if we find more gold we can maximize the size of our resource
    3. Infrastructure and Michael even mentions close to an existing mill - The fact we have an existing mine and literally next door to an existing mill will save us or a potential buyer millions in extra costs and also get us quicker to market
    4. Permitting - Lots of existing permitting has done as it was once a functioning mine and also the fact that its WA based eliminates an sovereign risk
    5. Having someone on the team that's made an economic discovery - Julian has had numerous large economic discoveries including the 2moz+ Invincible deposit at St Ives
    6. Experience in capital markets - GTT's bread and butter

    Viking mines ticks all 6 boxes we have so much going for us.. No wonder why the sub holder has increased his holding 6 times in the past month
 
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