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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 Gambler8888on Sep 14, 2021 10:07pm
136 Views
Post# 33859870

RE:RE:RE:RE:Status Quo is the mantra from the CEO.

RE:RE:RE:RE:Status Quo is the mantra from the CEO.Yeah, that is the problem.  I don't think JM is a liar, he just drank his own kool aid and over promises over and over.

case 1, KL is a core holding of mine over 2021 and I got in at a price on the low 50's.  KL has outperformed operationally and although the price has yet to pop, I feel very comfortable holding it because I trust management and can wait for market to realize KL's NAV.

Case 2 with vgcx, I have traded around it since H2 2020, and I am up big (almost a double on my original 2020 investment) so that I have a free ride on my remaining "core" position in vgcx...but I think operationally, they could screw up at anytime and the share price would tank to the 12 handle again. If JM just guided reasonably for 2021 (170-180 k oz at aisc around 1100) with growth to 220koz instead of project 250k oz, then this would be a 18-19 stock with support at $16-17 and room for multiple expansion when price of gold moves.

but JM is like mr bean, and the stock is as volatile as a rollercoaster...with more lawsuits to come if there is no buyout offer soon (because of JMs public promise)
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