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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 SeekingAuon Mar 02, 2024 5:04am
45 Views
Post# 35910891

RE:RE:RE:RE:Comments and Questions Re: DonaldDDukc - Consolidated Posts

RE:RE:RE:RE:Comments and Questions Re: DonaldDDukc - Consolidated Posts
DonaldDDukc wrote: let me know if you have any questions. 
If you compare market cap to production ratio. VGCX is undervalued comparing to the bigger guys like Barrick or Newmont. 
But I dont know if it is a good thing or not. It also has something to do with management doesnt want to sell to Coeur. They did want to. That is why they got some professional to get the share price high by manipulation but they were caught. They thought that can help to make Coeur cough up some more money but oh well. they are not that desperate to sell. You know what Osisko sold their cut. Why ? They are sick of VGCX


My favorite ratio is EV/FCF regardless of the sector. If you look at VGCX, it doesn't look so favorable at the moment. But the ratio can change quickly with a rising gold price and thus FCF.
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