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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 MVargason Mar 30, 2023 6:09pm
165 Views
Post# 35370537

RE:RE:RE:RE:RE:Notice of Annual and Special Meeting - May 10th, 2023

RE:RE:RE:RE:RE:Notice of Annual and Special Meeting - May 10th, 2023Anonymous has been active all month with net sales of just under 5 million shares now.  

Have to believe that some fund is not bailing or at least cutting their position - maybe T. Rowe?

Cormark has gained almost 2 million shares in the same period while CIBC and RBC have added over a million.  Anyway without the constant daily selling pressure by Anon, we'd be much higher.

We were promised Raven update before end of Q1.  Could still happen tomorrow, but Friday is usually reserved as a bad news day.  Still overpromising and underdelivering?

Should get Q1 production numbers next week.  This is what the CTO had to saw on the Earnings conference call on Feb 23.  Let's see if the walk lives up to the talk:

Our production guidance for 2023 of 160 to 180 thousand ounces is a notable improvement from our 2022 annual production. This is achievable with the existing crushing and conveying circuit and the existing mining fleet. As Marty outlined, our capital guidance for 2023 is decreased markedly year over year, which reflects the reality that we have everything we need at Site and available to us to deliver on the increased production profile. As we've optimized our maintenance schedules, our supply chain, and inventory, and labor force, we are seeing our crushing and conveying assets show improved availability as these improvements have been implemented. One notable change for 2023, is that as we've gained operational experience at eagle over the past few years and with respect to cold weather heap bleaching, we've been able to extend the number of months during the winter period that we stack fresh ore onto the pad. These efforts are ongoing currently and we expect to report a significant increase in tons and recoverable ounces stacked year over year when we release our first quarter, 2023 production results.
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