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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 rgrieveon May 31, 2012 2:03pm
276 Views
Post# 19966617

RE: RE: Insider Buys

RE: RE: Insider Buys

I'm sure they did have confidence at $.86 and at all of the various prices that they paid. However, they have really stepped up their buying at lower prices. The range of prices they have paid is $1.04 to $.20. Last year and this year showed the most "open market" buys which tells me their confidence has been building over the recent time frame. The point is that they have a great deal of cash money riding on the success of the company.

 

As to your question about Kinross....the other shares they own are shown on sedi under the name EastWest Gold Corporation which is wholly owned by Kinross. Eastwest holds 24,701,024 and together with the 31,185,603 shares equals 16.4%

 

Sun Valley is a hedge fund and the fact that they along with all of the insiders have held steadfastly without selling a share is a strong endorsement in the belief in Victoria and the Eagle project. Add to that the seven or eight analysts that have buy reco's on the stock and it is compelling.

Bullboard Posts