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.

GREY:VITFF - Post by User

Victoria Gold Corp > NOT GOOD!

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Comment by crazytimeson Jul 06, 2024 3:41pm

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RE:RE:NOT GOOD!

mdj... yes, couldn't believe they referenced that! In addition I am guessing for the source to make that statement one would think they must have been on site that day? Just looked at old financials on page 2 and if you look at their cash on hand of $28 mill and accounts payable and acrued liabilities on page of approx. $75 million at that time it potentially lines up with the article? That doesn't factor in what they made this quarter, or what they are currently burning trying to mitigate the damage which I am guessing is very expensive with many unexpected one time costs, plus regular recurring, with no income to offset the outflow. Just my opinion.

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