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.

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Victoria Gold Corp > Q2 financials

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Post by Gambler8888on Aug 04, 2021 12:47pm

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Post# 33648725

Q2 financials

Sold all of my vgcx after poor q2 production release. I will wait until after q2 financial release which will be a significant miss before getting back in.

I expect there will be significant price pressure after q2 financials unless a takeout is confirmed.

I still believe on vgcx is a good value buy over time at this price and for the acquirer.

one final wrinkle. If there is no takeout in the next few months then there will be many lawsuits against vgcx as the ceo essentially promised a takeout in a video interview a few months ago. This was a reckless move that could bring litigation exposure but then again I am not in the data room and so perhaps a takeout is essentially a certainty.

Glta longs.

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