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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 NickelOneon Apr 23, 2016 12:05am
245 Views
Post# 24801737

PP - Vote of confidence.

PP - Vote of confidence.I do not see the latest PP as dilution - I would rather qualify it as a vote of confidence for this project. Every piece of the puzzle is coming together at the right time - VIT management is following a very smart plan. The stock price increase was a great opportunity to secure fresh cash and make the company bullet proof for a cheap takeover. The stock price is at book value, which is fair valuation. There is a lot of upside left - I am looking forward for some drill results next week. The Eagle is ready to take off!!!
Bullboard Posts