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.

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Victoria Gold Corp > Gold Outlook

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Comment by HoneyBadger77on Mar 28, 2024 3:57pm

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Post# 35958896

RE:RE:RE:Gold Outlook

Actually, to correct my earlier post, GMT didn't purchase all of the shares in each of the offerrings but they did did purchase significant amounts in both. Subsequent to the completion of the latest offerring, GMT Capital now owns 29.4% of AR issued shares (so they purchased about 66 million more shares just a few month before AR gets sold).

So on the surface, based on GMT's average price it appears that GMT didn't do all that well with the AR investment, but how much did they make in short selling AR from its high? My guess is they likely did quite well in the end, but we'll never know.

HB77

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