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Bullboard - Stock Discussion Forum
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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TSX:VGCX - Post Discussion
Victoria Gold Corp
> Update Interview with John about Q4, 2020 and upcoming 2021!
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goldguy
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Post by
goldguy
on Apr 24, 2021 6:01am
Update Interview with John about Q4, 2020 and upcoming 2021!
(7)
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OCB1234
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OCB1234
on Apr 24, 2021 7:25am
This post has been removed in accordance with Community Policy
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phoenix_trader
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Comment by
phoenix_trader
on Apr 24, 2021 7:01pm
Fast paced interview with much improved delivery by our CEO on mine operations, finances and the 2021 exploration program. 1. $20 million payment on the bank loan in January. Balance now $150 million. 2. Potential dividend once loan balance below $100 million. 3. 14 hole deep Eagle drilling 50% complete, will result in new resource estimate to fend off cheap bids. 4. Raven is likely the best
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RatPatrol
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Comment by
RatPatrol
on Apr 25, 2021 4:37pm
Two or 3 takeaways any analyst needs to deal with suggested in this interview include; 1) The pit will need to be "resized" to excavate any ore at depth. Therefore, a higher strip ratio will arrive with higher attendant costs. 2) I like the idea of sending the fine run of mine ore straight to the leach pad; power costs drop. However this random sizing may result in lower gold recovery.
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