GREY:VITFF - Post by User
Comment by
phoenix_traderon May 13, 2021 3:25pm
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Post# 33196485
RE:KND's claims are simply bogus
RE:KND's claims are simply bogusAs far as documents included, you can look to P. 18 to throw that argument in the trash.
Revenues and Guidance Victoria has recently achieved commercial production at the Eagle Gold Mine however, is still in the operational ramp-up phase leading up to full production capacity. There can be no assurance that significant losses will not occur in the near future or that Victoria will be profitable in the future. Victoria's operating expenses and capital expenditures may increase in subsequent years as costs increase for the personnel, consumables, equipment and consultants associated with advancing exploration, development and production. Victoria has not yet generated revenues over a financial reporting period sufficient to fund its continuing operations. The Corporation has recently commenced providing estimates and projections of its future production. Any such information is forward-looking. Neither the Corporation's auditors nor any other independent expert or outside party compiles or examines this forward-looking information. Accordingly, no such person expresses any opinion or any other form of assurance with respect thereto. Such estimates are made by the Corporation's management and technical personnel and are qualified by, and subject to the assumptions, contained or referred to in the filing, release or presentation in which they are made, as well as the assumptions described in this Prospectus and in the documents incorporated by reference herein. Any such production guidance or other financial or cost estimate the Corporation may provide speaks only as of the date on which they are made, and the Corporation disclaims any intent or obligation to update such estimates except as required by applicable laws, whether as a result of new information, future events or otherwise. Accordingly, this forward-looking information should be considered in the context in which it is provided and undue reliance should not be placed on it.