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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
Post by rgrieveon May 25, 2013 1:14pm
226 Views
Post# 21444123

Sun Valley Gold

Sun Valley Gold

Sun Valley Gold has been a large shareholder of VIT for years. This weeks purchase of 781,000 shares in the open market is validation of Victoria's fundamental value at these low prices. It is the first time in years that they have added to their position.

 

I see the purchase as a very positive event and a signal that they have not lost faith in the project. It certainly gives me comfort that they are adding to their positiion during this brutal correction.

Bullboard Posts