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 > Base Prospectus filed for secondary sale

<< Previous

Bullboard Posts

Next >>

Post by phoenix_traderon Dec 11, 2020 10:47pm

197 Views

Post# 32092143

Base Prospectus filed for secondary sale

Orion likely needs cash.
The other large Orion Cdn investment is Nomad Royalties (NSR).
Orion owns about 400 mill shares which they received May 27th for a royalty portfolio. They are restricted on any sale for 12 months.
Yamana also received NSR shares for a royalty and NSR filed a similar base prospectus Sept 30th. Their restriction was 6 months, they cashed out today,

Perhaps this explains the persistent weakness in VGCX and gives the folks who bought at $17 an opportunity to average down. VGCX traded higher immediately following the prospectus filing about three hours before market close.

The prospectus discloses no new operational issues.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario