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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 MVargason Dec 18, 2021 1:02am
200 Views
Post# 34242918

RE:RE:RE:RE:RE:RE:Victoria Provides 2021 Revised Guidance

RE:RE:RE:RE:RE:RE:Victoria Provides 2021 Revised Guidance
OCB1234 wrote: Thank goodness McConnell & his hand-picked board have both the Shareholder Rights Plan and the NCIB in their backpockets so they won't  have to 'blink' like you just did. 


Are these the same backpockets that contained multiple takeout offers from majors when John was at the Denver Gold Show, LOL?

$20/share is a 35% premium to today's closing price and who is going to pay that without some additional resources supported by actual drill results?   If you are hoping for a bid from Barrick, they are on the record for opposing takeover premiums.  They wouldn't do it for RanGold, Kickland and Great Bear and they won't do it for Victoria.

The NCIB is a joke.  The only shares that Victoria are buying are Banyan shares.  

With more competent management the share price would be much higher.  I'd imagine that the fund that bought the Orion shares are already experiencing "buyers remorse".  It appears that VanEck sees better opportunities as well.

I didn't just "blink".  I still have a considerable share position, but I've also taken considerable profits this year at much higher prices.  I know for you this is the only game in town, but there are other opportunities out there with much better management.



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