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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 Apr 09, 2024 2:57pm
68 Views
Post# 35979639

RE:RE:RE:Victoria Gold: A Solid Buy-The-Dip Candidate

RE:RE:RE:Victoria Gold: A Solid Buy-The-Dip CandidateSo MVargas, how about we attend the upcoming virtual Annual Shareholder's Meeting on May 10 and ask them (on the record) how they believed that the issuing CAD $10.5 million of Flow-Through Shares was not considered to be a 'material' news worthy event.

And while we're at it, how JM can justify getting a base salary of $625K a year and a nice bonus of $600K along with all the other bonuses to other VG executives considering the poor results in 2022 and 2023?  Yes, I too read that in the filings and was thinking the same as you.

And maybe we should also ask JM what their plans are to overhaul the main crusher that according to Tripple D is crippling along and could fail any day now?

And maybe we can ask them how it is that a company earning over $400 million in revenue a year, that seems to have  never ending list of operational surprises, can go over 30 days without a news release for over 30 days and us retail investors have to rely on SEDAR or local news reports to keep up with what's going on?

And while we're at it, let's ask about Tripple D's allegation of a severe injury at the site were a worker lost their legs and almost died yet no news release?

Seems to me that there's lots to ask management at the upcoming Annual Meeting but yet will anyone ask these questions unless I do?  Probably not.

These guys (the Board of Directors in particular) have a fidicuary duty to their shareholders and it's about time retail shareholders started holing their feet to the fire.  If JM refuses to answer, then we just direct the questions to the Board and they have to answer them.  JM doesn't like that but if that's what it takes so be it.

How about it MVargas?  Are you still a VGCX shareholder and eligible to vote VGCX shares?

We can split up the questions, 1 from you, one from me, one from Kegman, and I'm sure we can find a few more volunteers if needed.

HB77


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