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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 givemeabreak1on Oct 05, 2022 11:51pm
142 Views
Post# 35008460

RE:RE:RE:RE:RE:q3

RE:RE:RE:RE:RE:q3I believe in looking at things from a conservative perspective when investing.  I definately prefer the company err on the lower end as that is how I would look at it.  Unlike Great Day, I would be even more convertive.  The company says downtime estimate 3 weeks.  So what exactly does that mean?  Ideally 3 weeks everything is finished they hit the black button and everything works perfectly!  Unfortunately, it often takes another few days to a week to tweek everything.  So from an investment planning perspective I would run the down time number closer to the 4 week so I would expect that 4rth quarter number to be 35 to 40 K ounces anything over that is a bonus!

Having said that, the more immediate problem is how does the 3rd quarter operational issues translate into their 3rd quarter financials?
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