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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 Whateverrron Sep 26, 2022 6:21pm
213 Views
Post# 34987937

RE:RE:September 2022 - Corporate Presentation Update

RE:RE:September 2022 - Corporate Presentation UpdateJohn needs to dilute VG below 50% ownership of Lahontan first...that way VG and any prospective new buyer would have no control of Lahontan.   John can then bump the dingy party girl from Tahoe out of the CEO placemat she is simply just keeping warm for him from day 1. He would do that in 6 to 12 months post VG exit is a guess.  This is quite crucial from his personal perspective and a goal he will try best to complete....have to be below 50% owner.  Then it is another cash cow salary, options and other for J M at little ole Santa Fe.



MVargas wrote: It seems to me that the Corp presentation is becoming more aimed at prospective takeover candidates.  A lot of technical details on operations, now including a complete listing of equipment, that you don't see from other company presentations.

There are separate slides of Banyan and Lahonton showing ownership percentages of 13.2% and 51% respectively, but true to form, Banyan's has not been updated to show 4 million ounces of inferred reserves instead of the ~ 1.0 million ounces shown.

I don't know how reliable the share ownership numbers are, especially for Coeur.  It shows Van Eck holding 3,540k shares. On Sept. 16 their share ownership dropped from 4,634k shares to 1,824k shares.


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