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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 bajanjohnon Aug 26, 2011 2:18pm
400 Views
Post# 18983628

RE: RE: RE: Where are we going

RE: RE: RE: Where are we going
With at least 100 million plus, to raise ,to build the mine and the continued drilling everywhere, not to mention the monthly burn rate, That means at least a 30% dilution from these depressed levels. Doing well in the fall may be to only depreciate 10%

There seems to be no direction from this ship. A little drill here, a little drill there, grab samples at another site, drilling at Aurex,and what has happened to Nevada. There seems to be too many pots on the stove, and not enough focus on what can make you money and drive the future success. The reserves in  these places will not go away, so why not focus on just one , start producing,and creating a revenue stream, and that will finance drilling later to build a long term successful company.

Two years ago they said that production would be coming out of Nevada in 2011. whatever happened to that? Inquiring minds want to know!

IR says that things are progressing, to where?
Bullboard Posts