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Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

Victoria Gold Corp. is a Canada-based gold mining company. The Company is engaged in the operation, exploration and acquisition of mineral properties. Its flagship asset is its 100% owned Dublin Gulch property, which includes the Eagle Gold Deposit, the Olive Deposit, Raven Gold Deposit, the Wolf Tungsten Deposit, the Potato Hills Trend, including the Nugget, Lynx, Popeye, Rex-Peso, East Potato Hills, Eagle West, Falcon, as well as other targets. The Dublin Gulch Project is situated in central Yukon, Canada, approximately 375 kilometers north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers, is accessible by road year-round and is powered by the Yukon energy grid. The Eagle and Olive deposits include probable reserves of approximately 3.3 million ounces of gold from 155 million tons of ore with a grade of 0.65 grams of gold per ton. It also holds Brewery Creek property, as well as the Gold Dome and Grew Creek exploration properties.


TSX:VGCX - Post by User

Bullboard Posts
Comment by turkeyboy4on May 05, 2010 1:09pm
591 Views
Post# 17065699

RE: RE: today 3 months from hellen zone preliminar

RE: RE: today 3 months from hellen zone preliminarFreedom 045 I agree with your sentiment, even though its a little more negative than needed!!
With or without Newmont, VIT is going to be involved with the development of a significant sized operational gold mine, which they discovered. . .
The short sellers and profiteer's can spin it anyway they want. . .whether VIT has control or not, the company will experience a significant influx of cash should Newmont or another major come onboard (and assume the operational risk) AND most importantly the ongoing royalty streams associated with the operating mine will fund activities for the foreseeable future. . .
 And, one could argue that an agreement has been reached but not announced, which is supported by the insider buying of late, BMO's buying, etc. 
If the herd doesn't like cash flow, well that's their problem. . .
Bullboard Posts