Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Greatdaysaheadon Dec 24, 2021 6:48am
156 Views
Post# 34260277

RE:ROE (last metric, I promise)

RE:ROE (last metric, I promise)

another proof of how poorly they are selling the story.

And I am not going to buy any shares at these too low prices.. not selling, not buying.. wait and see until explorations results.
Why.. because he has been bullish about the exploration program.. selling it for months.. as he was bullish a few days ago about meeting the guidance when he knew there were issues... 
So I lost confidence.

Having said that and taking apart my frustration, I listened again to to the 25th November interview with Commodity TV.


1) divididend and shares buyback : not until 1Q 2022
2) a good idea of who bought Orions shares
3) But I am still unhappy with his misleading quotes about meeting the guidance...

https://www.youtube.com/watch?v=oLZm4d0y-M4

min 5.02 about the use of cash
"other options for free cash flow of paying a dividend or doing some share buyback. We'll be looking hard at both of those in 1h 2022"
min 6.35 about who bought Orions shares
"we don't know who it went to but we suspect it's a large US based precious metals fund that had been doing a lot of due diligence on Victoria.
min 7.20 : "from retail owning 80% to institions now owning more thant 60% of our shares"


min 08:10 about meeting production guidance
"we are still guiding 180000 to 200 but it will be closer to the 180. the fourth quarter is going reasonably well, we're not having the banner stacking time that we did in the third quarter...."; "it's still going well a November is a great month to date so I expect we'l have a good quarter"


 



 

 

 

 

<< Previous
Bullboard Posts
Next >>