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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

Post by phoenix_traderon May 11, 2021 11:03am
236 Views
Post# 33173418

Deja vu - Will this playout like Nordgold/Shandong for CDV

Deja vu - Will this playout like Nordgold/Shandong for CDVMarch 2020 - Nordgold acquires 19.9% of CDV @ $A.44 from Goldfields.

July 2020 - Nordgold bids $A.66 for remainder.

August 2020 - Shandong all cash bid of $A.70 for CDV

September and October - Nordgold ups to $A.90 then again to $A1.00 to match Shandong

December 2020 - Shandong acquires all CDV shares for $A1.075.

Big win for Nordgold which is currently paying for production expansion at Gross.the Eagle lookalike in east Russia.
Shandong is busy building Namdini in Ghana.

I really enjoyed the Cardinal takeover action, pretty obvious to me that VGCX will playout like CDV last year.




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