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 > Higher Inflation is gold's best friend.....

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Comment by Greatdaysaheadon Sep 10, 2021 9:07am

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RE:Higher Inflation is gold's best friend.....

real interest rate is the key. Said differently, interest rate adjusted of the inflation.

So yes, high inflation decreases real interest rate. But if markets focus on a potential change in FED policy (higher interest rates), a higher inflation could push POG down..

So as usual, it's all about expectations... higher inflation not matched by higher interest rates (current or forecasted) is positive for POG.

Higher inflation seen as temporary won^t have much impact as well..
And so on...

I am happy with POG trading in a range 1700-2000 for the next months... As it would mean huge cash flow for Victoria... IF they achieve expected production.

I hope to see 3Q production before any official bid from a suitor.

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