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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 rgrieveon Mar 27, 2012 1:52am
323 Views
Post# 19721407

RE: Since $1.05 - Eons Ago

RE: Since $1.05 - Eons Ago

The burn rate is in the budget......they have until the end of this year to make things happen. In fairness, they inherited a total mess.

 

I agree that things have not developed yet to move us higher, but the entire jr market is in chaos and that was not their fault. I believe we've just seen the market bottom and will move higher from here.

 

By the way, financing is not in their pocket, I will believe it when I see it. Now, that said, all of the players have a big stake in winning and none have sold shares. That is a measure of their conviction.

Bullboard Posts