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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 5:06pm
318 Views
Post# 20373767

RE: RE: RE: RE: Kinross & Sun Valley Gold

RE: RE: RE: RE: Kinross & Sun Valley Gold

I agree with your analysis thinkahead. The only exception is that I think they might prefer to do a jv in order to keep Victoria in the picture as manager of the project and interface with the First Nation people. First Nation is a critical piece of this project and essential to the approval process and future exploration.

 

Additionally, it would be much easier to get approval of a jv than to sell shareholders on a buyout at the $.50 level you suggest. That way everyone gets to participate in the future of this project and exploration of the surrounding properties.

Bullboard Posts