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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 16, 2012 12:40pm
293 Views
Post# 20372907

RE: RE: Kinross & Sun Valley Gold

RE: RE: Kinross & Sun Valley Gold

James,

According to sedi Kinross owns 31,185,603 shares most of which were bought in 2009 thru 2011. They also own the shares of Eastwest (24,701,025) that were acquired in 2007.

Sun Valley Gold shares were acquired in 8-24- 2010 thru 12-7 2011.

 

The Cove fiasco happened in late 2010 when they found the numbers on that project were completely wrong and thus began the long decline of victoria. The president of the company was cut loose and the share price has dropped by over 80%. Now, I look at this and ask myself why would KGC and Sun Valley stick around? In fact, they added to their positions after the debacle with Cove was disclosed. It sure seems to me like they are sticking around because of Eagle/Dublin Gulch.

 

Bullboard Posts