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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 kegmanon Oct 06, 2021 10:36am
147 Views
Post# 33973258

RE:RE:RE:25 Days to Orion/Coeur Support Agreement Expiration

RE:RE:RE:25 Days to Orion/Coeur Support Agreement Expiration It is all part of the game OB.  Times are a changin.  They cannot steal it with the provision for us to buy shares at half price.  That weeds out a few.  Cour is cash poor, they are out.  Slammer, yes your drill results were great but you have to produce action too.  Profitable action.  Just like where we are at now.  If a bid was coming it would be here by now.  No way those results have been seen by the other companies and not announced.  Big Mac would be busted.  His wife would have a bullseye on her venture then at Banyan.  Can you imagine a bid coming in when results have not been shared openly.  Those results could spark interest in another bidder.  Big Mac talked a HUGE game and has not produced yet.  He should learn his leasson and get this plan moving.  If he does right by us, he will get a big bid.  In this order...prove August is not a fluke, pay down debt, deliver great drill results, get the new plant moving and done on time and on budget...preferably under budget!.  Then we have dividends.  What is VGCX going to do with all the cash it is generating.  If the plan was to get bought out they cannot go and buy into another operation.  That would be dumb.  Do the basic math.....$1100 cost by 2023.  All infrastructure in place.  $1800 gold.  Be practical....225,000 ozs X $700 with all debt paid off.  What is expected dividend?  I am fine with staying the course as long as the business plan is to make money for all of us.  Personally I think they do not want to be operators but the profit will be so large they may not have a choice.  If they actually got to 250ozs....that would be amazing.  Even if costs were $1200!  No more sucking up.  Time to get the job done.  
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