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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 HoneyBadger77on Apr 06, 2024 5:28pm
95 Views
Post# 35975096

RE:Seems kegman has had one too many kegs dropped on his

RE:Seems kegman has had one too many kegs dropped on hisSince you were probably drunk@noon and had no time to do some homework before you decided to spout off at Kegman, let me help you since you are clearly either too lazzy to read or too stupid to comprehend.

Here's the link to the latest (Apr 10, 2023 Technical Report For the Eagle Gold Mine)

Victoria Gold Corp. | Technical Reports (vgcx.com)

Hint 1:  Go to the Table 22-3 Summary of Eagle Gold Mine Economic Results on PagesPage 22-6 to 22-7 and there you wil find a Summary of the Economic Results and and that the AISC is US $1,114

Now since you're clearly either drunk or not that bright, let me help explain to you that the numbers in the summary are 'estimated' costs based on costs at the time the report was prepared.  Again, let me simplify this for you a bit more because you were probably drunk@noon and won't understand.  When I was a young boy in 1965 a bottle of pop cost .15 cents and that same bottle of pop today costs $1.00 (or far more depending where you buy it).  That's called Inflation drunk@noon and I'm sure even you can figure out that your booze costs more than it did 3 years ago.

Hint 2:  Now go to Table 22-7 Cash Flow Model on Page 22-10 (PDF page 287) and go to the 2024 year column.  In the first category titled 'Economic Assumptions' you will see that the the assumption are based on a US$1,700 gold price and a .75 cent CAD dollar.  Now if you still haven't passed out from your druken stuper, look down the columns and learn something for a change!

Hint 3:  Now scroll up just a bit to Table 22-5 After-Tax NPV5% Sensitivity to Gold Price and FX Rate (C$ M) on Page 22-8 (PDF page 285) and see what the estimated NPV for Victoria Gold (Eagle Project only) is at a US $2,300 and US $2,400 gold price, instead of the US $1,700 used for this Technical Report.

Hint 4:
  Now using the After Tax NPV at US $2,300 gold and a CAD $.75 cent dollar that's a NPV of CAD $1,719,000,000 (that's billions in case you never got past math class).  Now take CAD $1,719,000,000 and divide that by the approximately 66,500,000 outstanding VG shares today and that equates to a share price of CAD $26.92 (NOT $8.01 a share that we closed at yesterday).  At US $2,400 gold the NPV is CAD $1,846,000,000 which is CAD $27.76 a share.

Conclusion:  You may be drunk@noon but you can't possibly be as stupid as you're letting on so my guess is you just suddenly appeared on the this Bullboard because after this latest little run up you're hoping there's enough dummies here that will fall for your fear mongering and feed into your shorting of this stock strategy by selling you their cheap shares.  How about you go and get drunk and leave the serious investing to those that know how to see a Basher a mile off and how to sort through the important stuff, instead of trying to demean Kegman by saying he wears a dress (what are you 12?)

I sincerely hope this info helps others out there that are seriously long on this stock and aren't shy to do a little research on their own instead of listening to the Basher fools that are sure to show up now that VG share price is ripping higher.

My opinion only, DYODD (if you can stay sober long enough...what a stupid Bullboard name drunk@noon ...brilliant....sheesh).

HB77


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