Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 nincompoopon Jun 30, 2024 8:13pm
147 Views
Post# 36112909

RE:RE:Massive Damage shown on TV: National News program

RE:RE:Massive Damage shown on TV: National News programThis has turned into a battle between those who see the sad reality, and those who are suffering from cognitive dissonance. I have held Victoria shares since they were trading at 11cents, in 2013. Unfortunately I believed the hype and bought at much higher prices later.This trade has been a story of inflated promises against poor performance. I seriously considered selling up earlier this year, given even more poor results, unfortunately I didn't. But on the news of the disaster...and for the company it was a complete disaster, I sold the lot at a considerable loss at 1.36. People on here want this to be about shorting being the problem...of course shorting doesn't help, we all hate it and it should be illegal, but that's not the real issue, the real issue is that JM has led us down the garden path for years. Now we find out that JM concealed from share holders that in January this year, 14,000 tons of stone slid off the pad...if I had known that at the time I would have sold up immediately given the other poor performance indicators, and saved myself around 90,000 can dollars. Given Victoria's debt, and now potentially catastrophic levels of costs, I just can't see how it survives. Of course the same old suspects will accuse me of being a shorter, and if it makes them happier thinking that then good for them, but I'm a realist, not a fantasist... the failings in Victoria have been hidden by the rapid gold price rise, without that the intrinsic failings in VG would have been blinding obvious. There are so many other well run Mining companies out there, why the hell would anyone stick with VG. I'm completely out, and in a weird way it's a relief. I truly wish I'd never heard of VG, it promised so much, and delivered so little. Given the current economic and geopolitical situation around the world I've no doubt at all that gold and silver will reach Stella levels over the next couple of years, and investment in well run mines will result in astonishing returns, so why cling on to this wreakage? Just my opinion. I feel desperately sad for all those who have been so badly let down by this useless management.
<< Previous
Bullboard Posts
Next >>