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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 > Frustrating stumble of Sp
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Post by kegman on Mar 18, 2024 4:04pm

Frustrating stumble of Sp

I would call IR to see if there were any issues but vgcx does not have IR.  Forget share buyback.  Just pay down the debt.  Do the math.  Aisc 1650 cdn.  Gold sales $2900 Cdn per Oz.  Less hedged ozs.  Just need full production with no hiccups.  It is disrespect that has us in low $6 s
Comment by Bucky86 on Mar 18, 2024 5:04pm
I think we're just gonna bounce around in limbo until we get some Q1 results... if good, we will move a lot. If not, more of the same or worse.  Q1 should be put like mid may? 
Comment by HoneyBadger77 on Mar 18, 2024 7:41pm
Agreed Bucky86, except that the Q1 production results will likely be released a couple of weeks after the end of Q1 so 2nd or 3rd week of April if VG follows the same practice of releasing production numbers in advance of Financials which will follow later in May. Regarding the  "Frustrating Stumble of SP" headline Kegman, the Frustrating Stumble occured in 2023.  The recent ...more  
Comment by phoenix_trader on Mar 18, 2024 9:02pm
Artemis (Blackwater under construction) and Snowline (5 years from YESAB approval) both trade at multiples of Victoria Gold's market cap.PDAC awards mean nothing unless we get a professional IR team to stem the apparent negativity.
Comment by givemeabreak1 on Mar 18, 2024 10:44pm
Phoenix I am not really sure Victoria and Snowline is a fair comparison.  If I had a spare 800 million on me I think I would buy snowline vs having to pay 650 million for Victoria and wait the 5 years?
Comment by phoenix_trader on Mar 19, 2024 9:26am
From CEO - NFG board: In addition to the high costs to build a 270 km road to Snowline, there are numerous other obstacles to deal with. I doubt that $45 million is even in the ballpark for what it might cost. It could also take numerous years for permitting and construction. Sorry to bore the board, but here is an article discussing road building in the Yukon. Maybe there will be a mine at ...more  
Comment by givemeabreak1 on Mar 19, 2024 11:12am
I have read different numbers for snowline road cost and there is a big variance.  The 45 million is generally thought as being the highest using the West Route with about 26 million being the low side of the West Route.  Using the South Route the high side is thought to be Just over 20 million with the low side at just over 14 million.  The south route is Canol road which is a ...more  
Comment by DonaldDDukc on Mar 21, 2024 2:35pm
Going by the long term outlook, it is possible that gold price in NATO world is decoupling with the Brick world just like the old days when Eastern Bloc has cheap oil and the NATO world didnt have cheap oil. Maybe it is not cheap. it is just adequate and avalibale and also affordable. 
Comment by mrmazikden on Mar 18, 2024 11:26pm
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