Victoria Gold Corp T.VGCX

Deja vu - Will this playout like Nordgold/Shandong for CDV

[phoenix_trader]

March 2020 - Nordgold acquires 19.9% of CDV @ $A.44 from Goldfields.

July 2020 - Nordgold bids $A.66 for remainder.

August 2020 - Shandong all cash bid of $A.70 for CDV

September and October - Nordgold ups to $A.90 then again to $A1.00 to match Shandong

December 2020 - Shandong acquires all CDV shares for $A1.075.

Big win for Nordgold which is currently paying for production expansion at Gross.the Eagle lookalike in east Russia.
Shandong is busy building Namdini in Ghana.

I really enjoyed the Cardinal takeover action, pretty obvious to me that VGCX will playout like CDV last year.

[OCB1234]

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[phoenix_trader]

Nordgold walked off with enough profit to pay for the Gross Stage 2, not that they needed it.  Coeur either gets the Dublin Gulch or walks off with enough to put Silvertip back into production. Orion gave up some profit to get the game going. If copper had not run up so quickly maybe VGCX could have made a merger with WRN and BYN work, not know because WRN is worth a lot more than just the