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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

Comment by Greatdaysaheadon Jan 07, 2021 8:46am
314 Views
Post# 32240576

RE:RE:RE:RE:RE:An especially good day

RE:RE:RE:RE:RE:An especially good day

I had a sell order for 15% of my position at 21.20 and we reached 21... And then a few weeks later, I was buying in the 11 cad range.. quite crazy year.

I was disappointed with the missed guidances and more specifically with the way communications of the problems was handled. in my opinion they could have been more transparent and give us clue about that before 3Q FS release.

But since then, things looks brighter.. Nice refinancing, revised guidance met, good cash situation. 1y production is certainly the period where unknown, unexpected events could happen. Maybe some could have been avoided but as you said... let's focus on the future...

So we have now a producing mine making solid gains thanks for POG, a CEO sitll confident to reach forecasted AISC numbers long term, Debt going down, dividend in the play for 2nd half 2021. Exploration program self-funded which could bring new important proved reserve.

With POG staying in the range, I see not reason not to be confident now. A 50% return for 2021 would make me an happy investors. So my target for end 2021 is 18-20 CAD without taking into account major succesful exploration.

 

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