Victoria Gold Corp T.VGCX

Primary Symbol: VITFF

Metals & Mining Gold

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.

PINL:VITFF - Post by User

Victoria Gold Corp

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Comment by NickelOneon Aug 16, 2020 7:35am

200 Views

Post# 31414075

RE:RE:Where's NickelOne?????

OCB1234 wrote: At the risk of piling on, I just have to share one more before moving on. This was his response to MVargas, who happens to have forgotten more about mining economics than NickelOne will ever know, back in the spring:

4/25/20:

NickelOne wrote: Eagle economics are no longer that juicy due to financing terms, extremely high dilution, extremely high royalties, the worst hedge of the decade, costs overruns and last three financings to compensate for their inability to run a tight ship. A lot of the upside was sold for cheap...

8/14/20: Victoria Gold is up 115% since the above quote.

"Having Fun" being long VGCX! :)

OCB1234 - you may use Varga's "economics expertise" to explain you Q2 financial statement, especially Item #12 which describes the mess this company is in, and pointed out in my previous post you quoted (I still stand by my statement). Thank you for putting all that effort to read my previous posts and prove how right I was ...

I doubt you have the capability to read and understand a Fianancial Statement, but check Item #14 from their Q2 financial statement, showing earnings/share.

Nothing more to add here my friend, my early indication of what is to come were confirmed by the Q2 financial statement. Oh, there is something: Where is the money from the Covid19 fund?

One thing I fogot to mention before was also confirmed in item #18 of the financial statement:"A contractor has placed a lien on Victoria Gold (Yukon) Corp. in the amount of approximately $8.2 million before tax in conjunction with certain construction activities. The Company has agreed to approximately $4.2 million, which has been paid. The remaining $4.0 million is in dispute. The Company believes the disputed amount to be without merit. The Company may advance to legal proceedings should a settlement not be achieved."

Good luck buddy! Let me know if you require any additional information about Victoria Gold, I can get it for you and I will try to explain it better next time, you may get it....LOL.

Happy investing!

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