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Victoria Gold Corp VITFF

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

Post by dbbclbon Nov 22, 2020 11:40am
895 Views
Post# 31948834

Our Fearless Leader!!!

Our Fearless Leader!!!One more reason why we need a new exec team. We have a CEO that is supposed to be a promoter of this stock and reflect excitement and positivity to the public, and the S/H's that pay their significant salaries year round. Yet they refuse to work all winter with drill programs to enhance the companies ability to prove up a potentially huge resource. In McConnell's Openining Quote our CEO says "It’s going reasonably well, but if I had my druthers, then we wouldn’t be ramping-up a new gold mine during a pandemic,” John McConnell, Victoria Gold’s president and CEO, said during the Northern Miner’s Global Mining Symposium in mid-November.

If you cannot come up with something better than that on a national stage either quit /or quit talking and hire a professional PR firm to handle these situations and speak on behalf of the company. Clearly our CEO has no ability to convey positivity. If you don't want to put in 100% effort here, then go somewhere else where they don't have a mine under development and you can take 6 months a year off. Allow someone who cares about getting the job done under any circumstances take over. 

Later in the article McConnell says: 
“It’s early days at Nugget, and we’ve got lots of work to do,” McConnell said, “but it looks like there could be another Eagle-type deposit out to the east of Eagle.” 

So where is the work???? Why are we not pursuing this with positvity publicly, and with vigor internally? Why are we not drilling more than 35 holes a year. We supposedly had 3 drills on the property this summer. That is 12 holes per drill. What did they do for the other 3 months? Now we have to wait until spring again - after the breakup and after the spring thaw and after the rainy season and maybe we will get out there by May or June and drill another 35 holes only to wait 3 more months for results again. We'd have a potentially huge new resource at Raven but at this pace, god knows when we will be able to prove it. During several occasions over the years McConnell stated that he has no inclination to sell this project and that it was going to be an operating mine and his legacy. Maybe he is holding true to those comments and has no incentive to build this project any faster because he has an alternative agenda. After all we S/H's are paying his $25,000/month salary year round regardless of the fact that we stop exploration for 6-7 months a year and we have a mine operator that manages the onsite issues for the company 12 months a year.
If we are paying the team for this wonderful promotion and publicity, they are grossly over-paid. Get you heart in it and commit to the process of expanding the project or find a buyer who will take it over and run this property at its potential. Do something positive for the S/H's. At least find someone else to talk to the public and show some excitement.
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