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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 Human7on May 26, 2023 2:19pm
151 Views
Post# 35466178

RE:RE:RE:RE:Could get interesting

RE:RE:RE:RE:Could get interesting- VGCX is turning a profit and managing its debt. You don't go blindly paying off debt as the only focus while ignoring the resurgent Yukon gold district. You understand that your real worth with so much opportunity is to not pigeon-hole yourself with your exisitng deposit to please long term shareholders plagued by recency bias.

- We have talked about AISC.... comparable to Newmont and others. There is still no story there.

- Mines are going to be built. None faster than BYN generally speaking. Sitting on top of infrastructure. Permitting is not more onerous now in this particular situation. It's likely ahead of schedule with a supportive Yukon govenrment and Indigenous.

- BYN permitting will be noticeably faster than VGCX. They've already been through it once, and have been collecting what they need as they go. Great relations with indigenous... same people working that are working with VGCX

- Talk about low grade for BYN must be balanced with recovery rate and strip ratio, which are excellent so far. Sitting in nice flat layers from surface. 

- Inferred is not an issue. It's what you do when no matter how much drill you're still open in all directions. You keep stepping out. But for some people on this board there is no recognition. Too focused on the history of VGCX perhaps, instead of the realities of today for both companies.


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