Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

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 > new article
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(280)
•••
Comment by Zibo510on Jul 07, 2024 12:36pm
117 Views
Post# 36121826

RE:new article

RE:new articleWhile everyone expects a statement from VG what can they really say, there are just a lot of questions without answers. 

What was the cause of the slide?

What is the extent of environmental damage?

Will the HLP be able to be repaired or will it have  to be replaced with a new pad ?

What is the cost of mitigating all damages ?

How long will this all take?

About the only thing that is known is that without any income, limited cash, and facing lawsuits, fines and cash burn, on paper VG is facing bankruptcy. 

I suspect that the reason VG defaulted on their loan payment was to buy time until answers to these questions are know. 

It would seem that VG will need to raise a substantial amount of financing if there is a way to survive this catastrophe. 

I would think that odds are not in their favor at this point, but who knows. JMO





<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities