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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 slamdunkon Jun 06, 2021 6:21pm
175 Views
Post# 33337995

RE:My Take

RE:My TakeIf Coeur get over 50% Orion gets back 75%of"The Spread " thats between the 13.20 sale price  and share price  for that they agree  to support Coeur with their remaining shares  and influence .Coeur needs approval of 50% of Board...This will be paid with Coeur shares up to their 300million outstanding limit  and the balance in cash..
This is Orions game
But i think OConnell muddied the water with Shareholder Rights Plan and its attachement followed by a 5% purchase to cancel butback that raises Orion over 20% when share buyback to cancel is completed .It triggers Shareholders Rights Plan  with its attachement. that allows for each attached share purchase one per share at a 50% discount
This does not apply to acqiurer.
Coeur must have a heavy hitter taking on their debt the was a substantial rumur the Federation Gold was buying Kensingto in Australian Financial Times ex CEO of Evolution Gold 
 Marc LeMessuier  that buit that Company to six mines..

 This is Machiavellian    

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