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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Post by NickelOneon May 15, 2020 9:09pm

272 Views

Post# 31036776

How is the $7.65/share financing looking now?

Who is still in love with the $7.65/share financing?

A financing that was "not needed", just cheap dilution for the shareholders... The 3M+ common shares sold for cheap would have brought the stock price to current levels ($13/share) if one was to buy them in the open market.

Another "smart" move by John McConnell and his advisors.... They had a couple of those smart moves recently (hedging for example) they are getting profficient by now...

Amateurs!

Loved the share price increase, don't get me wrong, I am not complaining about that!

Good luck!

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