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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 Human7on Oct 04, 2022 1:51pm
143 Views
Post# 35004679

RE:E/S

RE:E/S

"VGCX has a lot to do to regain market trust!" 

VGCX has to do very little to regain market trust because it never lost it except for with some posters on this board who have made mountains out of molehills. 

Some of the issues discussed here are barely talked about or not at all, elsewhere.

VGCX has encountered expected growing pains opening a new mine. On top of that, they managed to hire over 500 people during covid to do it, deal with supply chain issues, and still stay somewhere in range of production guidance.

The other complaint here has been "where's the buyout promised?" Another twisted truth. McConnell responded to a takeover bid, that is all. In the end it didn't happen because the VGCX board smartly protected the company.

So here we have a company trading at low multiples, making money, no jursidiction or other issues. Existing pit mine life to be extended, and new, good drill results on the same property. Comparing to AEM is difficult at best. 

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