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Bullboard - Stock Discussion Forum Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The... see more

TSX:VGCX - Post Discussion

Victoria Gold Corp > Like Minto Metals (TSXV-MNTO)
View:
Post by Oregonduck on Jul 21, 2024 5:03pm

Like Minto Metals (TSXV-MNTO)

That can happen without warning to VGCX. Minto management abandoned the Yukon mine and walked away. The stock was last traded on May 23,2023 at $0.88. It never reopened for trading. The Venture Exhange suspended the stock and subsequently delisted the shares in July, 2023. To those who held Minto shares, they could get them removed as worthless by their brokers from their accounts. CRA will allow a tax writeoff. 
Comment by dart321 on Jul 21, 2024 5:19pm
yes that can happen and most times when a stock is delisted it's gone for good but every once in awhile a stock that has been delisted for a period of time does sometimes come back on one of those blue moon days and if you haven't gave up those worthless pieces of paper and remove them from your accounts on that blue moon day that worthless paper become worth real money. Case in point I ...more  
Comment by mdjbrown on Jul 21, 2024 5:21pm
Oregon, these two companies are not close to comparable Pembridge had no business buying the Minto Mine considering it was nearing the end of its mining lifespan.  Not a bit surprising it rolled over leaving the Yukon Government on the hook VG is not in that air space.  
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