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 HoneyBadger77on Jul 08, 2024 1:35am

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Post# 36122262

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NOT GOOD!

Further, have a look at Page 2, shareholder equity Retained Earnings of $113 million and Page 7, line items #5 and #7. Item #5 have the choice to pay the balance for the Sabre assets acquisition in cash or shares Gee wonder which option they'll choose? Item #7, total mineral inventory $183 million (should have been plenty of collateral for the $104 million bond). Hold shares (assets) in Lahontan and Banyan. Will have cashflow from Q2.... So guess we'll see....

vit_q1_mar24_fs_2024-03-31.pdf (vgcx.com)

HB77

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These cold weather stocks are looking to heat up for winter