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

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Comment by NickelOneon Mar 05, 2020 7:06pm

101 Views

Post# 30772827

RE:RE:RE:RE:RE:RE:RE:RE:RE:Looking good goin forward

OCB1234 wrote:

Greatdaysahead wrote: . And it is not like selling at cost the Gold produced.. selling it at 1936 CAD... so let's says with a 1000 CAD margin.
Truly a good problem to have :-)

YUP! :)

As a shareholder I would prefer to see those 25M going against debt payments or exploration. And by the way, that number went up by 5M since last night (at current gold price in Canadian dollars as I type this message). So, how much exploration can a company do with 30M dollars?

A pretty expensive bet, at shareholders' expense. I wonder if Orion is "impressed" by such "smart" move.

GLTA

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