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 > VGCX Market Cap - $359 million CAD

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Comment by HoneyBadger77on Feb 21, 2024 7:18pm

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Post# 35892143

RE:RE:VGCX Market Cap - $359 million CAD

Yes I meant hostile takeover ...Lol

I'm not looking for another management team, that was givemeabreak I believe.

And what does a hositle takeover mean for us? Well, hopefully the guys with a lot more shares than me aren't willing to give this company away for cheap. If the offer came in at about the $14 bucks which is the average share price target by the analysts that follow VGCX then I think most here would be happy to take it and move on.

If the vultures that have been walking the share price down to these rediculous levels continue to see blood (i.e. Operations stumbles, or the inability for VGCX to meet their debt obligations), then you can bet they will drive the shareprice down even lower. Now if VGCX gets their debt down as planned in 2024 and increases production to near the high end of 2024 guidance, then they will either make a Hostile Takeover move before the shares start to rise or abandon the Hostile Takeover and just ride the share price up. Either way, a hedgefund will be behind this and will make money by going long / short whichever the circumstances dictate.

HB77

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle