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Bullboard - Stock Discussion Forum 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... see more

TSX:VGCX - Post Discussion

Victoria Gold Corp > Conference call
View:
Post by Whvcgold on Nov 10, 2023 10:57am

Conference call

Just a few questions asked. What i got:
4th grade around 0.72 g/t
2024 grade 0.75-0.80 g/t
Mining rate is increasing in 4th q
Comment by Greatdaysahead on Nov 12, 2023 2:24pm
Truly not a lot of information before questions as it is a maninly an oral copy-paste of their press release. But I noted the following maybe worth mentionning (in addition of your information) : - that they repaid 15M CAD of the debt and paid in cash 8M cad for their acquisition. - Also, inflation continues to be a concern with upward pressure on wages - fuel is the secont largest expense.& ...more  
Comment by MVargas on Nov 14, 2023 12:34pm
Gda, when VG was promoting Project 250, JM claimed that year-round stacking would contribute 30k oz/yr and screening of fines would also add 30k oz. I never did buy into the theory that year-round stacking would add 30k oz.  In order to increase ounces you have to increase mining rates and primary crushing is/was already a year round operation, so where would the additional 30k ounces come ...more  
Comment by kegman on Nov 15, 2023 4:58pm
Help me understand your point MV.  If we put put on the pad more stuff to leach out, the bigger pond can take on more...how does that not lead to more ozs per year?  If we stack less then it will decrease production would it not?  Screening....can't belive there wasn't another lawsuit LOL.  Would like to see how they bring in Olive into the equation and then have a ...more  
Comment by MVargas on Nov 16, 2023 3:37pm
Kegman, my point is that you can't increase the tonnes of ore stacked on the HLP unless you increase the tonnes of ore processed through the primary crusher which already operates on a year-round basis. The original mining plan was based on primary crushing 12 months, but secondary/tertiary crushing for 9 months.  The primary crusher has a nominal 30,000 tpd rate while the secondary ...more  
Comment by kegman on Nov 16, 2023 3:45pm
I prefer getting the price up a bit and financing at $10- $12.  If they are looking at $8 then I would say the hard landing of the SP was purposeful.  Either way if we get past this, I think the downward pressure would ease if Gold stays up here and all the pundits say that is the bare minimum for Gold in 2024.  The hedge they did would certainly swing towards that.  Thanks MV. ...more  
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