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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.


GREY:VITFF - Post by User

Victoria Gold Corp > q3
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Comment by givemeabreak1on Oct 05, 2022 8:54pm
148 Views
Post# 35008230

RE:RE:RE:RE:RE:q3

RE:RE:RE:RE:RE:q3I luckily sold my position once again in Victoria prior to this drop.  Trading in and out works for me!  I believe this latest update will once again have the share price drop below $7 if gold price remains constant.  Here is my concern.  Last quarter financials showed they have a very poor cash position and accounts payable exceeding both accounts receivable plus cash.  This is concerning wondering how bad the financials might look after this poor operational performance.   Will they need to do some sort of financing shares debt or otherwise going into the winter months?
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