Victoria Gold Corp VITFF

Metals & Mining Gold

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

Victoria Gold Corp

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Post by rgrieveon Sep 15, 2012 5:47pm

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Post# 20369921

Kinross & Sun Valley Gold

These players hold 16% & 12% of VIT's shares and it is interesting to note they bought their shares after Eagle/Dublin Gulch was acquired in the Strata transaction. Eagle has been the project that brought both of these major shareholders sniffing at Victoria. I don't think they are interested in taking some stink bid offer to just get their money back. That in my mind puts a floor under the valuation of Victoria. It seems to me that any takeover offer would have to be well over a buck to get any king of consideration.

I still feel that behind the scenes someone is talking a jv and to me Kinross seems the most likely.

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