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 Mar 17, 2019 5:23pm

148 Views

Post# 29498175

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Eagle costs and market reaction today

MVargas wrote:

I was somewhat startled by NickelOne's recent sudden negative postings after posting nothing but extremely positive commentary since 2016. He even took issue with james last year after he attacked the company after the financing announcement. If anyone has been a cheerleader the past 3 years, it has certainly been NickelOne. It is interesting you find my posts negative. Never thought they can be seen as negative, but opened up a different perspective for me.

Food for thought: check FS cash costs estimate for Canadian Malartic and Detour Gold open pit mines (the largest ones in Canada, run by World Class mining companies). You will find Detour Gold had a FS cash cost estimante of $437/oz (LOM) and an actual cash cost as end of 2018 of $712/oz. You will also find Canadian Malartic had a FS cash cost estimate of $319/oz (LOM) and an actual cash cost of $576/oz (end of 2017).

IMO one doesn't suddenly switch from pumper to basher without first selling shares. Sometimes it is with the hope/intent to buy back at a lower price and sometimes it is to justify to themselves that they made the right investment decision and to discourage others. Anyone who does so without full disclosure, after promoting the stock relentlessly for years, is the worst kind of manipulator IMO. Once you cross that line you lose all credibility. My investment strategies are private matters, I don't have to give an explanation to anyone on Stokhouse when I buy or sell.
FYI - with a Stochastic RSI of .18 I will probably buy VIT on Monday morning, I will see how I feel.... This has nothing to do with VIT's fundamentals, it comes down to trading strategies... There are also news coming out early April (once financing is closed), so there are a few buying opportunities until then...