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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 hcahoonon Jul 02, 2015 5:09pm
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Post# 23887800

RE:RE:RE:STILL WATCHING

RE:RE:RE:STILL WATCHINGAuToTheMoon wrote: What if the paper price of gold and physical price diverge because meaningful quanitities of the real stuff are not available, the real price would go up.
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This is, in my opionion, a very real possibility and is in the making. One day the paper market will have to pay out the paper and we will only have one gold market, the real gold market. Then the price of real gold will rise. This will happen because it is not likely the paper market can keep supporting the pressure that real gold will place on the paper market due to the low supply of the real stuff. Countries around the world want to hoard the real stuff. China may want to back the Yuan with gold and is likely why they are buying large amounts of real gold at higher than the spot price.  The price gap between real and paper is going to be too large and one market will have to end. It's not going to be the real market but the paper market.

It's a good time to get into gold mining stocks since they are all at depressed share prices.

h 


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