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 Greatdaysaheadon Jun 24, 2019 9:53am

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Post# 29855423

RE:RE:RE:RE:Ouch

May I ask what is then your gross estimate of the situation as per today in terms do you mind explaining what you are reading specifically in the FS?

In your opinion, based on FS and further developments since then, what is :

- cash at disposal after recent additional financing;

- financing still at disposal through the senior debt facility (Orion)

- remaining cost from here to cash flow positive.

Do you things also that they can meet their scheduled debt repayment as per page 19 of the FS.

In other terms, do you thing they will have to finance a few months before being able to repay debts ? Or do you thing ther estimate is completely out of range at this stage.

TXS

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