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Victoria Gold Corp VITFF

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

Bullboard Posts
Post by willibrichon Apr 04, 2016 2:56pm
344 Views
Post# 24728873

Kinross will take VIT over

Kinross will take VIT over
Kinross will take us out for the following reasons. They already have 25 % of our stock A permit ready resource of 4.5 million oz. indicated and 1.5 million oz. inferred. No country risk Available highly skilled miners in area Infrastructure present , power line close by and all weather road to site Look at the metrics presently. With 6 million oz reserves and a market cap today of $ 90 million Canadian, the market is saying that the gold is worth only $ 15 Canadian per .oz in the ground. This stock is severely undervalued I was hoping that gold would go up another 100 bucks or so and give this stock a chance to catch up. With lots of cash on hand , Kinross management will likely chose to act sooner than later Just my opinion of course
Bullboard Posts