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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Comment by ss1867on Oct 18, 2013 11:10am

155 Views

Post# 21827246

RE:this stock is pi$sing me off

I very much doubt there is 30 million left in the till, project is on hold and I`m sure cash burn is likely in the 1/2 million per month range minimum. A couple of months of selling pressure to go as we waft through TLSS, lots of decent projects on hold as the gold sector continues to search for it`s bottom. Fairly large amount of TSO here and no doubt further dilution, perhaps even a roll back will be required in the future if and when the project finally gets a green light. M & A drying up in the sector as the majors focus on cash preservation....a lot of head winds here and the market reflects that. The question is " Does an investor average down and pick up more on the cheap here, speculating on a rally early into 2014, or does he simply walk away from the venture exchange all together " ?

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