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Victoria Gold Corp 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 property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.


GREY:VITFF - Post by User

Bullboard Posts
Comment by Windrunneron Mar 13, 2007 6:26pm
325 Views
Post# 12412135

RE: BB

RE: BBI agree with Goldtoe on the use of stop loss and I agree with Touareg that's it's suicide with juniors and the houses will find you. Case in point is the first run to 1.40 for VIT the stop losses were used and the houses found them all on the way down to .97 cents. What's the answer? Use a "mental" (one you keep in the back of your mind)stop loss and if the price gets to that point than sell. Now for those nervous ones I can only impress upon you to look at the charts and watch what's happening. We are on a slow and steady uptrend and everyone who's been in the market knows the trend is your friend. Still waiting for a NR. VIT under new management and is being given the reigns to prove themselves (remember the movie Seabiscuit!!!). Gold correcting but long term heading up. Lot's of major companies in the wings with this horse. Last comment mid Dec .70; mid Jan 1.15; mid Feb 1.10 and now mid Mar 1.30 (all on averages). I picked up more back in Nov at .65 so I'm along for the ride. Even if the NR is good I've already placed my bet on this one and will not add. That's risk management and if the sp goes to whatever, my cost stays the same but my profits soar. Cheers
Bullboard Posts