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.

GREY:VITFF - Post by User

Victoria Gold Corp > VGCX' s huge short is reminiscent of Pretium.

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Comment by EdwardBlakeon Dec 22, 2021 3:38pm

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Post# 34255836

RE:RE:RE:RE:VGCX' s huge short is reminiscent of Pretium.

kegman wrote: Who would be selling for tax loss right now? How much volume would that be? Not enough to cover the shorts. The shorts drove this down. They know something or they are about to get crushed with great drill results. Even with just Eagle for the next 15 years....this is a golden cow for cash flow. The expected dividends are worth more than the present SP over that time frame. Even at $600 oz profit at 200k-250k oz per year....do the math. Even at 150k per year for even more years do the math. This is just messed up.
The amount shorted right now is very close to being uncloseable without an additional collapse or a short cover fire sale that they burn hard on. Pun intended. Anyone do any math on how much of the float is actually retail?

It's being done by algorithmic trading. They target areas where a lot of stops are sitting. Short stocks below that level, trigger stops, cover short. Rinse,repeat.

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