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Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

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

Comment by MVargason Dec 18, 2020 12:40pm
94 Views
Post# 32140586

RE:RE:1,600,000 VGCX shares

RE:RE:1,600,000 VGCX sharesNo shares purchased by Van Eck for GDXJ yesterday, so about a million shares to be added by end of day today.  


MVargas wrote:
phoenix_trader wrote: That's what Goldfinger says Van Eck will be buying for the ETF starting tomorrow.
 

Van Eck started buying on Monday and purchased 453,570 shares on Monday and Tuesday.  That represented .07% of the target 0.23% holding, meaning about another 1 million shares to be purchased on Thursday and Friday as no shares were purchased on Wednesday.  

If it weren't for the heavy tax loss selling, this level of buying would have a significant impact on the share price - much like John Doody's rec.


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