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 moneyhungry87on May 10, 2013 12:52am

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Post# 21361463

you should all be happy

I'm happy with managements decision, do you really think it is smart to proceed with financing now and dilute the shares at current levels? look we are in the most vidcious bear market since probably the 1998-2002 bear market, and it looks like VIT has hit bottom and the gold price had a capitulation bottom, this is the absolute worst time to dilute from every angle you look at it. we are heading to the summer doldrums right now and id expect vit and gold stocks in general to be much higher 6 months from now diluting now would be the equivalent to how britain sold a large % of their gold reserves at $250 a very dumb idea.

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