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 Apr 22, 2020 6:16pm

204 Views

Post# 30941927

RE:RE:RE:Y/E financials & MD&A filedon SEDAR Cash -$17 mill

MVargas wrote:

Of course you don't see any positives. You onbly see positives after you have bought back your trading position, otherwise everything is a negative.

"Burnout rate - minimum $10M per month". Wrong, it's burn rate and $10M per month is at full staffing, mining and production levels which only re-started in early March.

"Gold produced Q1 - 10,608 oz." At an average of > C$2,000/oz that produced revenue >$21M.

"Financing - $7M" That is money in - not out, although they likely needed the orignal $5M.

"No cash left in account." You wish!

"Financing or default" How many times have you barked up that tree? You told us last year that there was an additional major equity financing coming that would lead to an outstanding share count of almost a billion shares before start of production.

You have so little credibility left that I'm surprised that you continue to post here.