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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 phoenix_traderon Sep 14, 2021 7:24pm
132 Views
Post# 33859477

RE:Status Quo is the mantra from the CEO.

RE:Status Quo is the mantra from the CEO.And this from the same PR:

Results from this season's campaign are expected shortly and will continue to arrive into late fourth quarter 2021.

If you compare today's speech with yesterday's PR one wonders if the same person wrote both.

Let's look at expected cash flow, 180k Au ozs will be the minimum at  $Cdn 1200 cash margin or $216 mill in 2021, With 63 mill shares out that's over $3.40/share and guidance will likely be over 200k Au ozs in 2022 with hedges falling off, so over $5 next year. 22 year mine life, great exploration targets and our market cap is far less than exploration companies like NFG and SEA that are at least five years from production. 




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