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 MVargason Aug 06, 2016 2:26am

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Post# 25116258

RE:RE:ADDED MORE TODAY @ 74 CENTS

Surprised no one has commented on the 1.5 to 2 million in insider selling in the past week.

That's what's great about being part of management where you are awarded options year after year and when they are significantly in the money, you can sell an equal number of shares for the option exercise at a much lower price than the selling price of the shares sold.

It's been a long time coming for this opportunity and insiders get to cash in while holding the same number of shares after the share sales and option exercise. It happens all the time and is not an indicator of insiders selling out.

Since July 26, 3 million shares have been sold by 5 Victoria insiders and 3 million options have been exercised. This increases the number of shares o/s by 3 million and has put some selling pressure on the stock, but the price has held up well in spite of this. However it has the effect of adding additional funds to the treasury.

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