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 > When credit is due!

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Comment by Whateverrron Dec 14, 2021 9:58pm

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RE:RE:RE:When credit is due!

You spend multiple hours everyday since 2007 here on the VG 'chat board' You still don't see that the financing was horrible and the first crack in the potential for the stock share price doing amazing things.
-Heavily dilutive shares to financine mine, something the CEO said for years they would NEVER do - They they were tremendously over budget, more shares and loans - bad hedging a part of that - significant NSR to deal with as well - delayed production - still nowhere close to the 210k ozs per year they said would be quite simple due to their expertise in cold weather from Ft Knox tours - horrible AISC, getting slightly better but nowhere near sub $800 - They have not provided any additional LOM from Eagle deep or satellite deposits. Until they do you have a problem with the share price if POG stays the same and likely no takeover offers or any with worthwhile premium shall we say.
So yeah, the financing was horrible, many see that now. Your stock is at $15 not even close to its highs of Aug 2020. OUCH.