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 SeekingAuon Jul 14, 2020 8:21am

225 Views

Post# 31264211

RE:RE:2nd Half 2020 Gold Production expected to be 85,000-100,000

Just a quick valuation:

200k Oz
$1000 AISC
POG: $1700

Operating Cashflow: $140M
FCF: about $100M

LOM: 13 years
FCF LOM $1300M
5% Discounted NAV: $690M / C$938M
FD shares: 65M

Share price: $10,62 / C$14,43

I took $1700 POG because I can't predict what the price will be next year, better safe than sorry. And there is no upisde potential in the calculation for expanding the reserve. So the SP of C$14,43 is just my "safe" bottom.

Bullboard Posts

The top 10 Canadian medical stocks