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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 HoneyBadger77on Dec 27, 2023 5:24pm
97 Views
Post# 35801848

RE:RE:RE:RE:Convertible Debt Presentation - German Gold Show

RE:RE:RE:RE:Convertible Debt Presentation - German Gold ShowMy thoughts exactly Kegman!   The problem is we need to get to $10 first and that could take another quarter or two yet of positive production and earnings results, and if they're looking to commence a spring 2024 Drill Program (given the mild winter conditions) maybe they feel they need to do something sooner.  Who knows?

Of course there's also the possibility that JM sees an opportunity to share the VGCX future wealth with a long time associate.  Gillman mentions at the start of his presentation that he's known JM for many years and they've worked together back in the day which I thought was interesting.  Anyway, if something is going on in the form of a convertible debt deal, I'm sure we'll know soon enough.

HB77
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