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 > The right hand does not know what the left hand is doing

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Post by phoenix_traderon Mar 27, 2022 1:38pm

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Post# 34549866

The right hand does not know what the left hand is doing

BMO and CIBC on Mar 25th said:

BMO – Q4/21 In Line: 2022 Guidance Below Expectations
CIBC – Q4/21 Earnings Beat, But 2022 Outlook Guidance Below Expectations

But today's March presentation states on P.3

Targeting 20% production growth in each of 2022 and 2023 to reach production of 250,000 ounces/year Achieved over 40% production growth in 2021

The MD&A dated Mar 24th on P. 8 states:

Production at the Eagle Gold Mine for 2022 is estimated to be between 165,000 and 190,000 ounces.

165k (the low end estimate) is the same as 2021 actual.

No wonder the market and analysts are confused, what message is our management team sending?

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