Victoria Gold Corp T.VGCX

Alternate Symbol(s): VITFF

Metals & Mining Gold

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

Victoria Gold Corp

Bullboard Posts

Comment by NickelOneon Mar 17, 2019 5:23pm

146 Views

Post# 29498175

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Eagle costs and market reaction today

MVargas wrote:

I was somewhat startled by NickelOne's recent sudden negative postings after posting nothing but extremely positive commentary since 2016. He even took issue with james last year after he attacked the company after the financing announcement. If anyone has been a cheerleader the past 3 years, it has certainly been NickelOne. It is interesting you find my posts negative. Never thought they can be seen as negative, but opened up a different perspective for me.

Food for thought: check FS cash costs estimate for Canadian Malartic and Detour Gold open pit mines (the largest ones in Canada, run by World Class mining companies). You will find Detour Gold had a FS cash cost estimante of $437/oz (LOM) and an actual cash cost as end of 2018 of $712/oz. You will also find Canadian Malartic had a FS cash cost estimate of $319/oz (LOM) and an actual cash cost of $576/oz (end of 2017).

IMO one doesn't suddenly switch from pumper to basher without first selling shares. Sometimes it is with the hope/intent to buy back at a lower price and sometimes it is to justify to themselves that they made the right investment decision and to discourage others. Anyone who does so without full disclosure, after promoting the stock relentlessly for years, is the worst kind of manipulator IMO. Once you cross that line you lose all credibility. My investment strategies are private matters, I don't have to give an explanation to anyone on Stokhouse when I buy or sell.
FYI - with a Stochastic RSI of .18 I will probably buy VIT on Monday morning, I will see how I feel.... This has nothing to do with VIT's fundamentals, it comes down to trading strategies... There are also news coming out early April (once financing is closed), so there are a few buying opportunities until then...