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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 > VICTORIA GOLD REPORTS PROFIT 84 CENTS
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Comment by NickelOneon Mar 27, 2021 7:44pm
201 Views
Post# 32893846

RE:VICTORIA GOLD REPORTS PROFIT 84 CENTS

RE:VICTORIA GOLD REPORTS PROFIT 84 CENTS
TRANSTEER wrote: GOOD MORNING GUYS
just finished talking to my broker and was advised VICTORIA GOLD MADE 84CENTS
for the quarter. I assume considering it was winter conditions production will only get better with the warmer weather. STOCK SHOULD BE TRADING 10 TIMES EARNING AT LEAST.


I hope you are not paying your broker for his advice.

He forgot to mention to you Victoria Gold is nearly bankrupt, with $56M of cash on hand and $52M in accounts payable and current liabilities. Remember VGCX bagholders were diluted by $31M in 2020, without that extra dilution the gates would be closed.

How do you think that ballance sheet will look like at the end of Q1 2021?  How about end of Q2 2021?

An amazing bid of 100 shares @ $12.35 is a good indicator of the high demand on this "bargain" . What a great deal, eh?

The stock price continues to perform as anticipated.

Happy investing!



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