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

Post by MVargason Apr 30, 2018 4:24pm

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Post# 27960762

Valuation

Market Cap = $184 million.

Cash on Hand = $125M from PP + $49M from Royalty + $24M (last reported cash) = $198M.

Market value of ~ 4 million oz of M&I Resources (inc 2.7 million oz of Reserves) + exploration properties + completed Engineering Design + Phase 1 Site Construction + Camp = ZERO!

If someone where to buy the company at the current market price, they would get all of the project assets for free!

Hard to fathom why anyone would be selling at 32.5 cents AFTER the financing has closed and VIT has the cash.

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