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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 > VALUATION
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Post by bajanjohn on Mar 08, 2024 1:48pm

VALUATION

Do you realize that with todays price of gold VGCX will produce over 500 million cdn next year and the share price is what!!!
Comment by HoneyBadger77 on Mar 08, 2024 2:28pm
And after another $38.00 move up in gold price today the market does a big YAWN!  Not yet convinced the Fed will lower rates and are cautious that the usual pullback will occur.  Even the big guys can't break out today...Barrick down, Kinross down, etc.  Funds managers still telling clients they shouldn't have anymore than 5% gold exposure in their accounts (with WW3 at ...more  
Comment by barringtondolby on Mar 10, 2024 10:19am
We are living in very interesting times, (for gold investors especially). No one seems to know why the POG has taken off the way it has.  Some point to central banks that are buying at record levels, others believe it is the Fed about to cut rates as a cause. But, at the same time, Gold ETFs are reducing their holdings. Does gold react like most commodities, to supply/demand, (I am not sure ...more  
Comment by Bucky86 on Mar 10, 2024 3:18pm
Just my quick $ .02.... I'd welcome some great Raven news but I think it would only temporarily bump up the stock for a week or so... it's still likely years away from being mined or productive (I could be wrong) so I don't see it as a short term catalyst to stock price for the next year or two. This company needs to maximize what it alresdy has. 
Comment by Human7 on Mar 10, 2024 6:22pm
The other recent catalyst for POG may have been the quietly reported starting price $1B bailout last week of a NY bank exposed to commercial real estate. More money will be needed for it, and maybe others. The powers that be "learned" from 2008; don't let anything fail like Lehman did. Make another zombie instead, so people don't run for the exits, and keep kicking the reckoning ...more  
Comment by barringtondolby on Mar 10, 2024 7:44pm
An interesting point about the situation in the US commercial real estate market.  The Feds chairman Powell acknowledged this past week that there will be losses. There are, supposedly, some 300 banks that are at risk. An example of how weak the commercial real estate market is, a company, who bought a 29% interest in a building in NY that sold for $300 million in 2021, recently gave up its ...more  
Comment by DonaldDDukc on Mar 12, 2024 2:33pm
Brics does not need dollar or gold. Brics have physical goods. You want a bicycle they gave you a bicycle. No need for dolllar or gold at all. gold ETF is selling. stocks is a different world comparing to physical. It has some correlations but the connection is not solid