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.

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Victoria Gold Corp > Opportunistic Hedging?

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Comment by Greatdaysaheadon Apr 14, 2023 3:35pm

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Post# 35395867

RE:Opportunistic Hedging?

30k/180K is about 16% of the production being sold at 1863 usd.
Not sure to understand why they decided so when they have been quite bullish about POG in their 2022 communications.

But it's always easier to know what was the best decision after...What would have been the POG if USD interests rates were higher than 2 months ago.

We can see today's how how correlated POG and interests/treasury yields are negatively correlated.

cheers,

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