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 > Gold at $2305

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Comment by HoneyBadger77on Apr 03, 2024 1:43pm

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Post# 35968210

RE:RE:Gold at $2305

Disagree with any more hedging / forward sales. The hedging / forward sales they put in place was a prudent move given the situation at the time and will ensure the 2024 debt payments.

I highly doubt gold is going below $2200 unless there is a major shift in geopolitics which I'm not seeing. And with the US adding a $Trillion in debt every 100 days where do you think gold is going?

I'm expecting gold to hit at least $2500 by year end and so why give up more profit? VG share price is very leveraged to the gold price and VG share price is no where near were it will be later this year if these gold prices hold or go higher.

I posted a few weeks ago to wake me up when VG share price is at $14 bucks and I'm still yawning. I also said what the stock would do if the day traders would quit throwing up the large sell orders and how the stock would run and we can all see what happens when the shorts are suddenly in a position where they can't easily grab shares to cover. You want the share to go to $14 bucks you need to give up the pennies to get dollars.

I know some are quite excited about this latest little run up but I'm still yawning. Gold above $2300 and up another $31 bucks as I write. The world is a different place today and gold is doing exactly what it should.

HB77

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