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

Bullboard Posts

Comment by NickelOneon Feb 22, 2018 7:18am

229 Views

Post# 27600021

RE:RE:RE:RE:VIT February Presentation posted

Greatdaysahead wrote: Let's place our bets about market reaction to any financing news. This will be a typical anticipation against reality check. As the pps being stuck in its lower range could be explain in different ways: a) fear of no financing at all : any financing should have a positive effect b) fear of huge dilution : if it is the case, should be already in the price c) artificially higher that it should be as there is a premium paid for possible buy out offer: could someone be disappointed if they announced a financing instead of a buyout ? .... .... As I have no clue, I will just wait and see :-) what a nice professional attitude I have !

All your points are valid: the trading is thin as everyone is waiting to see what happens next. I have been buying at .42-.425c/share, but not large volumes as most of the weak hands are out. Something to keep in mind while investing in VIT at current levels: 1. A lot of retail investors stay away from development projects as there are always problems with reaching commercial production, fine tuning the process to reach target recoveries and get to steady state operation. VIT Eagle project is a basic, extremely simple process (drill, blast, haul, crush, stack and leach). With the amount of metallurgical testing done over the years I expect the gold recoveries will exceed the model and there will be no challenges to start stacking ore on the pad. 2. There is a lot to say from the exploration point of view. VIT is not only a one project company, they have a large, very promising land package that has a lot to offer yet. Once they start generating cash flow they will be in Yukon for a long time. 3. The best option for shareholders is to build the mine and start producing. A buyout offer would take all the upside potential away from the current shareholders. It has to be rich to get accepted... 4. Gold price is going nowhere but up from here, which makes the project very, very attractive. Even at current gold price, Eagle economics are great. 5. Compare VIT chart against any of the majors on a 3-5 years chart. You will see where is the best place to put your bets on. Good luck!

Bullboard Posts

Osisko Development receives permits for Cariboo Gold Project