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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 4:38pm
106 Views
Post# 35979917

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

RE:RE:RE:RE:RE:RE:RE:Victoria Gold: A Solid Buy-The-Dip CandidateThanks MVargas, but I'm not looking for a job.   Retired about 4 years ago and am happy to just do investments which is a passion for me (I love this stuff).  I worked for 42 years and had I known I could make more money stock trading / investing than I did working (and I had a good over 6 figure job) I would have retired earlier!

When I was working the guys at work nick named me 'HoneyBadger' because of my tenacious approach to tackling problems and researching and finding solutions.  So if I seem a bit overly optimistic and tenacious at times that's why.

This year's significant move up in gold price has given me a new sense of optimism with regard to VG's future and it's potential to actually succeed.    VG management is getting a second chance here to redeem themselves and I'm hoping they've learned a few things these last couple of years.

I've stuck around mainly because with JM now having over a million shares, he stands to be handsomely rewarded (beyond his annual salary and bonuses) in the event of a buyout or significantly improved finances that drive VG share price back to the levels it was in 2021 around $20 bucks.  I think his vision is a lot bigger than that of most VG shareholders and he's not looking at only building one producing mine but two or three, or at least gettings things to the point where they can all be sold as a package.  I hold a lot of VG shares and have a low enough cost base that I'm not too worried about coming out of this one fairly good, I just hope it's in my lifetime!  Lol

HB77
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