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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 > 2023 VGCX Revised Production Guidance - Misguided?
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Comment by givemeabreak1on Oct 15, 2023 9:14pm
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Post# 35684666

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2023 VGCX Revised Production Guidance - Misguided?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2023 VGCX Revised Production Guidance - Misguided? Naked Shorting is not allowed in anymarkets!  That said, the definition of shorting is not always the same.  For example what may be a short in Canada may be a naked short and illegal in the US.  A naked short in the US is when you have not located shares to cover or borrow if need be to cover a short sale.

In Canada you do not need to locate the shares all that is required is that you had a reasonable expectation that the shares were available to borrow.

Generally speaking a naked short is very difficult to actually prove unless those who did it are very stupid.   In most cases but of proof and a fine that is more definitive is the actual failure to deliver!  Anything, under 10% of a stock outstanding shares being short is relatively small.  
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