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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 Sep 03, 2012 8:32pm
291 Views
Post# 20312942

RE: Screening Report Time Line

RE: Screening Report Time Line

You can forget those numbers......This thing is being expedited and will be approved "without review".

  1. Max time they need is 6 months for the process.
  2. Financing - There is no way anyone will approve a deal until final approval.
  3. Start of construction - No one will advance credit or funds until final approval. The locals won't allow start until all i&t's are dotted and crossed

Now, start of construction and financing won't begin until final approval. However, the company is gearing up and lining up construction people and operating people in advance of final approval. They will be ready to go by the time of the spring thaw.

 

In my opinion they will be bought out or partner up at the time of final approval.

Bullboard Posts