Victoria Gold Corp T.VGCX

I'm out of Victoria.....

[OCB1234]

....and, after spending a month on the sidelines evaluating what's out there, here's what I own now:  First Majestic, Coeur Mining, Hecla Mining, Endeavour Silver, Fresnillo, Avino Silver & Gold, GoGold Resources, Cerrado Gold & Heliostar Metals. Obviously, I'm a big fan of the badly beaten down silver miners.  

Good luck to all of my friends here and I hope Victoria works out better for you than it did me. 

[barringtondolby]

I wish you the best of luck too, OCB. But I am wondering why you would sell out at this time. Just last month a Director, (Haggerty) bought 50k shares, not an insignificant investment.The President just recently noted that he owns 800k and these were not given to him, but purchased on the market. Just on these actions, and the strong belief by many, that gold will go higher in 2024, makes me

[barringtondolby]

Wish you all the best for your investments.

[MVargas]

I can't speak for OCB, but I am out as well.  He was a shareholder and poster here long before me and unless he made a lot of swing trades, probably sold out at a loss after holding shares for maybe 15 years.  I did make some money, but should/could have made much more had I sold out earlier.   As the POG retreated to the low 1800's in late September I realized that

[MVargas]

I forgot to comment on this comment from barringtondolby's previous post: "The President just recently noted that he owns 800k and these were not given to him, but purchased on the market." JM keeps saying this in all of his presentations (and how many times has he played the same Victoria operations video?) Truth is, JM received most of his shares via exercise of cheap options

[kegman]

I hope to be out in the next few months after the annual pop after Christmas.  With gold up at these heights and all the talking heads calling for even higher runs....VG will get back over $10 and possibly push $12 in 2024.  Fact is mine was a mess and JM was in way over his head.  They have a real team on the ground now.  2024 will be a great year for gold and VG will ride the

[givemeabreak1]

OCB if you like silver you may want to look at Silver Gold play Thesis in BC

[OCB1234]

Thanks for the tip, GMB. Yes, I've been a big fan of silver for many years but was stuck in an endless loop with Victoria, until I finally broke out. My biggest position now is Fresnillo. I believe silver is going to $100 and Fresnillo is a potential 10 bagger @ $100 silver. Another big position for me is First Majestic. I also think AG is a potential 10 bagger @ $100 silver. The one I own

[kegman]

Then gold is $3000?  All the talking heads have gold going up from here.  Vgcx will ride that wave.  Mine crew is much better now.  So much that even JM would have trouble screwing that up.  The mine until 2023 was a mess.  No real pros on the ground.  That has been fixed.  Normal Jan. Jump to $10 and I retire in August.  If gold raises to $2200 and we

[OCB1234]

kegger - $3,000 Gold by 2026 is my prediction. Know what my other prediction is? $100 silver. 50% increase vs 400% from here. 

[Goldmann2020202]

$3,000 gold will ignite ever junior, 10x current price

[OCB1234]

I would feel a lot more confident in that prediction if gold was doing this on its own, but it's not. The truth is, it's only going up because everything else is. Does anyone here truly believe the stock market, in this smoke & mirrors economy, is just going to continue to hit a new ATH every single day?! I certainly don't. I expect a crash in either Q2/Q3 that will take everything

[kegman]

$10 in Janaury.  I will be out by Feb.  This Houti thing might explode soon.  Gold and Oil will jump.  No matter how much Biden pushes.  Russia/Iran want as much turmoil as possible.  China will watch and pick a winner.  With the US wanting neither of the geezers and the parties too scared to call them out.......it will be a crazy year.  Gold will climb as

[kegman]

I would love to know what you feel is a more sure thing that this going back to $10 for a very sizeable gain from here.  AS annoying as this has been, if you think Gold is going to stay up here if not higher....how does Victoria not get back to $10 in January/February?  That is a huge gain for me....full disclosure.

[barringtondolby]

That is the way I see it too. The situation globally is looking more and more fragile. The Israeli/Hamas war could  expand very quickly, who knows whats going to happen in the Ukraine, and the US election is shaping up to creating a lot of animosity and unrest. All this will impact gold in a positvie way.  Add in the likelyhood of cuts by the Fed on inerest rates and you have the making

[steve55]

does VGCX owns a silver mine or has silver in the ground?

[OCB1234]

The have one silver target, Rex Peso, but it's way down the 'to do' list. 

[givemeabreak1]

Silver Target https://howardgroupinc.com/when-17-should-be-85-cormark-securities-comments-on-extremely-undervalued-thesis-gold/

[givemeabreak1]

https://epsteinresearch.com/2023/09/19/thesis-gold-built-to-be-sold-at-a-much-higher-valuation/

[Whateverrr]

Comment by OCB1234on Dec 17, 2023 8:56am 116 Views  Post# 35788657 RE:RE:I'm out of Victoria..... Thanks for the tip, GMB. Yes, I've been a big fan of silver for many years but was stuck in an endless loop with Victoria, until I finally broke out. My biggest position now is Fresnillo. I believe silver is going to $100 and Fresnillo is a potential

[kegman]

What's terrible....are you a Ravens fan or lions.  Rather bitter 2day.  Tlg is way down from where you brought it up. I did buy recently in low 30s and sold in 40s again.  I expect gold over $2100 very shortly with ME heating up. I want out of VG this year.  I anticipate we go back to $10 by June or July if all goes smoothly at Eagle in 2024 and gold stays above $2000. 

[DonaldDDukc]

Fed is going to blow up soon. Wait for your time please.  As for the company itself, the management is not too interested to quick cash out. Since they have rejected early visitors like Barrick and Coeur. I think they even got visited by Kinross at one point but the big people rejected their offer. They wan to sell the thing for 2B. but from an acquistion point of view, people are only