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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Post by BillyBoBob1on Aug 27, 2018 3:09pm

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Post# 28524529

why so cheap?

VITFF did a very bad financing deal that gives most of the upside in the stock to the financiers- like much of their gold production sold to them for cheap.

I was a big holder. VITFF was my largest holding. When they did the bad financing deal, I sold 63%.

My remaining 36% is enough to recover my loss if they sell or price rises to 60 cents. But if it sells for less, I have lmiited my risk by selling 63%.

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