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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 NickelOneon Mar 27, 2021 7:44pm
213 Views
Post# 32893846

RE:VICTORIA GOLD REPORTS PROFIT 84 CENTS

RE:VICTORIA GOLD REPORTS PROFIT 84 CENTS
TRANSTEER wrote: GOOD MORNING GUYS
just finished talking to my broker and was advised VICTORIA GOLD MADE 84CENTS
for the quarter. I assume considering it was winter conditions production will only get better with the warmer weather. STOCK SHOULD BE TRADING 10 TIMES EARNING AT LEAST.


I hope you are not paying your broker for his advice.

He forgot to mention to you Victoria Gold is nearly bankrupt, with $56M of cash on hand and $52M in accounts payable and current liabilities. Remember VGCX bagholders were diluted by $31M in 2020, without that extra dilution the gates would be closed.

How do you think that ballance sheet will look like at the end of Q1 2021?  How about end of Q2 2021?

An amazing bid of 100 shares @ $12.35 is a good indicator of the high demand on this "bargain" . What a great deal, eh?

The stock price continues to perform as anticipated.

Happy investing!



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