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 > Interesting read

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Comment by Zeke2902on Aug 19, 2021 10:59am

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Post# 33730177

RE:Interesting read

Pretty straightforward read, nothing to do but be patient and see where the dust settles according to this author.

It all comes back to what is a fair valuation for this Canadian gold miner.

1. good jurisdiction politically
2. producing gold 180k 2021 forecast, projected 250k
3. cash flow positive
4. additional resource imminent at depth and Raven
5. Tight share count in play currently
6. Paying down debt
7. hedges ending shortly
8. aisc forecast 2021 $1100 approximately
9. Production ramp up being addressed
10. stake in Banyan increased

$20 is where the baseline is for my calculations. Wherever the dust settles $25 is a 25% premium and $30 is a 50% premium. The market can drop it to its current level or below prior to any actual acquisition but in my personal perspective it's a $20 plus stock .

GLTA .....patience is a key component right now.