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.

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Victoria Gold Corp

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Comment by momyoon Feb 13, 2013 1:04pm

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Post# 20982369

RE: RE: RE: RE: RE: RE: RE: How Gold Streams Work-

Thomas and hrattle, thanks for the informative discussion on how streaming works.

Have either of you (or anyone else ) seen a calculation of how much SLW paid Vale, per ounce of Gold , all in?

If someone reputable has done the calculation, it would be interesting to see.

But just doing the very basic math: 1.9 billion ÷ (20 years x 110,000 ounces per year) = $864 / ounce. Then there's the $400 / ounce paid on receipt of the gold. The latter of course must be discounted which is beyond my meager math abilities.

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