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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 kegmanon Dec 28, 2022 4:14pm
174 Views
Post# 35194270

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SP Drop

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SP DropSimple economics my friend.  If Eagle cannot get enough employees or supplies to run one mine, how can they do two?  Raven will have to be pulled into Eagle system to be economic in these times.  No sense building another plant at another site.  Cost to build a mine right now up there will be 2-3 times Eagle cost.  Not the right time.  Opportunity cost......I am betting BYN holdings are a drawback right now to potential purchaser of VGCX.  How do they monetize their stake in BYN?  Cold hard facts.  I have 35,000 shares of VGCX.  I can see no value in BYN right now.  Pie in the sky no matter how many oz's in ground.  How to get them out and at what cost to do so?  How to make it economic?  Once I am done with my two other micros that are ready to pop, I will look to get more VGCX at these prices and some WCP and BTE.  (On the downswings)  GLTA and Happy New Year.  
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