Victoria Gold Corp VITFF

RE:RE:RE:RE:RE:VGCX 2021 Q3 Production 55,827 Ounces

[givemeabreak1]

Honey Badger
US dollar interest or Canadian dollar makes no real difference as if you are paying in Canadian Dollars you debt is also in Canadian dollars so 30% higher.  You are thinking in the right general area but not quite correctly.  Gold companies have 3 major areas that affect their share price outside of the actual price of gold itself.
1.  Labour
2.  Fuel
3.  Exchange rates.

So number 3 is what you are thinking about but exchange rates only have a big affect when they move in relation to the comparing currency.  So in the US dollar rises in comparison to the Canadian dollar big gains for Canadian miners.  The reverse relationship exists when the Canadian dollar rises against the US Canadian miners take a hit.  If currency ratio remains the same there is no difference in whether they pay interest in Canadian vs US.