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 > SP Drop

<< Previous

Bullboard Posts

Next >>

Comment by givemeabreak1on Oct 19, 2022 3:52pm

154 Views

Post# 35034571

RE:RE:RE:SP Drop

Barrington
I am not sure you understand what I was saying. Generally speaking a share price drop is really about the price drop of gold in relation to the affect on margin! For example the gold price is down $11.50 an ounce today so that is less than 1%. However the gold stock does not fall by 1% but rather the price drop in relation to margin.

So rough guess Victoria Gold All In Current cost is about $1500 so their current margin is $137.50 start of the day it was $149 so gold dropp $11 which is about 7.4% of margin. Interestingly, enough Victoria Gold's share price is down 7.85%. Do you see the relationship?

<< Previous

Bullboard Posts

Next >>

Rich TV Live's Stocks to Watch this week (Oct. 18, 2024)