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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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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 > My Take
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Comment by Human7on May 11, 2021 4:40pm
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Post# 33175933

RE:My Take

RE:My Take

MVargas wrote: If Coeur were to offer say $18 - $20/share tomorrow, would they reject it out of hand? 

I’m sure there are many in management that would like to crystallize their gains too and enjoy a substantial windfall sooner than later. 


I believe Victoria thinks they could easily get this share price from any suitor later this year, so to do this deal with Coeur it has to be as a set up to get more. CIBC and BMO put in $50 million each at $17 a share in Sept 2020. You gotta know they want to make some coin and need to be placated as well.

OCB123 suggested it puts Victoria in a stronger defensive position from takeover by a subpar bid. Could be. None of these management guys are hurting for money so maybe happy to wait a bit longer.

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