RE:RE:RE:Y/E financials & MD&A filedon SEDAR Cash -$17 millMVargas wrote:
Of course you don't see any positives. You onbly see positives after you have bought back your trading position, otherwise everything is a negative.
"Burnout rate - minimum $10M per month". Wrong, it's burn rate and $10M per month is at full staffing, mining and production levels which only re-started in early March.
"Gold produced Q1 - 10,608 oz." At an average of > C$2,000/oz that produced revenue >$21M.
"Financing - $7M" That is money in - not out, although they likely needed the orignal $5M.
"No cash left in account." You wish!
"Financing or default" How many times have you barked up that tree? You told us last year that there was an additional major equity financing coming that would lead to an outstanding share count of almost a billion shares before start of production.
You have so little credibility left that I'm surprised that you continue to post here.
MVargas,
Have a good read at the news release. I am not looking to gain or build "credibility" as you indicated.
https://www.vitgoldcorp.com/news/victoria-gold-corp-announces-c-20-million-bought-deal-financing/ GLTA