GREY:VITFF - Post by User
Post by
rgrieveon Apr 27, 2013 6:34pm
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Post# 21310184
YESAB Preparing Recommendation
YESAB Preparing Recommendation On Thursday, April 25th the YESAB announced they are preparing their recommendation on the placer operation of Victoria Gold that is located adjacent to Victoria's Eagle project. They have 14 days to complete and publish their recommendation so we will have that decision document no later than May 9th. It's my opinion they will approve the placer operation thus giving Victoria approval on both the heap leach and and the placer operations.
One step at a time Victoria is moving towards their goal of building a mine operation in Dublin Gulch. I believe we will also see issuance of the quartz license sometime during the month of May or early June.
The approvals by YESAB and the issuance of the quartz license will move VIT closer to financing and that should happen in June. We will see a great deal of movement in our share price once these goals are achieved.
GLTA Longs/rg