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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 nincompoopon Mar 29, 2024 3:39am
82 Views
Post# 35959771

RE:RE:RE:Gold Outlook

RE:RE:RE:Gold OutlookUS government data has become a joke. China was always mocked for releasing shall we say unreliable data, the US now does the same. Jobs reports are now always revised downwards after the initial headline grabbing good news, even in the face of constant job lay off news from US business. We know the precious metals manipulation by the bullion banks has been a constant for decades, in fact it's not a secret that's why the Comex was actually created to prevent another gold window sell off from 24,000 tons US gold reserves down to in theory 8,000 tons. It was a game the bullion banks could pretty much control, even though given how hard they worked at it, they were still unable to totally control the price, just constantly keep the brakes on. But that I believe has now changed significantly, Central banks around the world are now buying gold in huge amounts, taking delivery from the Comex, which was never the intention or purpose of the Comex. The strain is showing. US stock market and bond markets are in a huge bubble, US debt is totally out of control, 1 trillion extra every 100 days, and no prospect of that changing. Japan incredibly are even worse, The Eurozone is a complete basket case, and China also in trouble, and that is the critical information. It was China who pulled the world out of the last financial crisis with it's massive expansion, but that won't happen this time. BRICS are moving away from US financial control, will no longer play the game, can now pay using their own currency instead of being forced to buy dollars to trade, which of course was a huge benefit to the US, so the dollar is now in slow terminal decline, and all the huge benefits that gave the US now is disappearing. We really are at a turning point, a very dangerous turning point, and Central banks are waking up to the fact and acting accordingly. I'm sure many of you are aware of this.So precious metals could step back from here temporarily but in my opinion the game has fundamentally changed, and the current financial system can't survive, it's reached the point of no return, US exponential debt growth is the flashing warning sign. Put all that with the geopolitical mess around the world and we are in a heap of trouble. Gold is the only asset without counterparty risk, apart from bitcoin in a way which I also have and have done incredibly well with having bought in 2013, but that's the new kid on the block, which even I don't fully trust. Happy Easter everyone !
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