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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 Greatdaysaheadon Jan 10, 2022 11:23am
151 Views
Post# 34299935

RE:RE:RE:RE:VGCX amends credit facilities, reducing interest rates

RE:RE:RE:RE:VGCX amends credit facilities, reducing interest rates

Kegman, I don't think a comparison hoding a stock long term, trading others is truly relevant.
Especially, if you have a diversified portfolio, time horizon, risk appetite and so on.

And depending of your assets, a diversified portfolio is not about stocks only : real estate, hedge funds (seeking absolute returns for example, cash, currencies expositions. 

So FWIW in my case and only speaking about my investments in stocks:

I am holding about 10 stocks in my brokers accounts; from pink sheets to blue chips. Some are long term plays, some are trading opps, some are trading opps that went South and are now long term plays (lol.. bettern than saying I am a bagholders)-
And my exposition to gold producer in this stock category is certainly to high in terms of risks but it manages two risks for me: should perform better than  my cyclical stocks in case of market "bad mood", and it's a natural hedge to my USD positions (as I am a non-US investor -- > USD down should push POG up).

So you see, not sure if a comparison to other opps make sense. It's part of a global strategy with some convictions about my stockpicking.

And for the record, I am not happy with my VGCX investment in terms of yearly return versus the risk I took when they had to build the mine... 

--> bought @.15 in 2014 first time, so rs adjusted = 2.25 CAD
And 107 transactions later, my avge price of my current position is 4.6 CAD.

BYN
I guess I am an early bird with BYN, got in at 0.04 in March 2020.
But I doubled my position later and my average price is 0.17 now

I hope to have  a better risk-adjusted return with ByN as I am confident it will have a great 2022 year (except if markets are hit hard).

 




 

 

 

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