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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 Greatdaysaheadon Nov 12, 2023 2:24pm
213 Views
Post# 35730994

RE:Conference call

RE:Conference call

Truly not a lot of information before questions as it is a maninly an oral copy-paste of their press release.

But I noted the following maybe worth mentionning (in addition of your information) :

- that they repaid 15M CAD of the debt and paid in cash 8M cad for their acquisition.
- Also, inflation continues to be a concern with upward pressure on wages
- fuel is the secont largest expense. 
- reduction of the seasonality to continue (so less difference between Q1/Q2 and Q3/Q4) BTW I was thinking that the all year stacking will increase the production, but the way they speak about is more that it is smoothing the production through the year. Any thought about this ?

 


 

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