RE: Yukon News Nice article. I agree that it seems like the risk aspect has been squeezed out. That is also supported by the insiders all of whom are holding tight and not selling a share.
If you are "missing something", they are the two hurdles remaining, permits and financing. When we get the permits this thing should fly. I am most concerned about the permits because anything can happen when going for approval. No permits, no mine. Following up on this process, I have discovered that the First Nation of Na-Cho Nyak Dun has filed a letter with the Yukon Regulators on March 21, 2012 asking that they obtain more information regarding a placer operation that Victoria applied for. Now this may not be a serious problem but The First Nation folks signed an agreement with Victoria making them in some ways a partner or beneficiary in the Yukon project. It seems odd to me that they would handle this in this manner being as they have a formal agreement with Victoria and are consistently referred to as "partner" by Victoria management. Seems like a funny way to communicate between partners.
Another issue is the power needed to run the mine. As pointed out in the article, the mine will require 25% of the output from Mayo......the locals are not too happy about that. They see it as a burden that they will be saddled with in the form of higher rates needed to increase capacity of the power plant.
We are making progress but not in the clear yet.
Good luck Bandit.