Victoria Gold Corp VITFF

OMG - Some ppl want this mine closed?

[HuskySW]

It is a well known fact that one the genie is out of the bottle it is imposible to stuff back in. ;)

Yes it could be a major polluter.  News flash.  The Yukon has 4+/- plus mines (2 major) in remediaiton maint. mode.  One is estimated at  biliion  to remediate.  Serioulsy.  The Yukon does NOT need another.

Yes VG had major event and heaven forbid a grayling floats bottoms  up in the north and south rivers of the spill.

But if the mine is closed and has no hope it will end up takeing a decade (while it basically sits in limbo) while it leaches whatever (there is alot more than cyanide in the ecaped ore) into the environment.

Now I will say another thing, tourists, workers and locals are never advised to drink any surface water untill tested, even the most PURE looking water up there may contain heavy metals, arsenic and a whole bunch of other nasty stuff.  Why (that's the real elephant) it's the reason companies mine to begin with we need a lot of the materials for our modern society and yes mining is "dirty" business.  Just the way it is.  The stuff mined contains a lot of material we don't want.

I'm not saying the spill is clean and in fact just because nothing has tested postive doesn't mean it doesn't exist.

Now I will also confess I am deeply interested in HL Keno Hill which is just further down the silver trail  where the VGCX service road branches off. Keno Hill has 100+ years of silver lead zinc etc. production and AXU was in there starting early 2000's and built a mine based on the old workings and negotiated a special pollution remediation contract with YTG in addition to extracting silver the old workings. I  am more familiar with Keno Hill than than I care to discuss but there is now another company that took over  (Hecla) that is cleaning up past pollution and from what I can see is doing a good job with safety and keeping the environment cleaner.  Nothing is ever 100% but there is willingness to do the RIGHT thing.  OK,


Of  course Eagle had a major event  but there is noting indicating VG was in collusion or deliberatley collapsed the containment (just some stuff I heard).  A company that had positive net on book  deliberately causing a breach is like what insanity?  It had a well paid CEO and BOD, created a lot off employment and and contributed major $ to YTG and had another like 8 years of reserves.


In my opinion only!

YTG is seeking out side help and so should VG.  Get on it and keep investors informed, not just institutional traders but also retail.  Yukoners since the KLONDIKE have seen so much of this and will come through and make it right (UKHM forward is an example) but VG needs to get some communication going.  It's obvious something went horribly wrong and now if I read between the lines it's all about culpability and who did what, when, where.  VG Sort it out and get on with working on a techical solution, do not wait for YTG, you built it,  your as close to experts as you get.  Your a mining company and it's your mine that should be advising YTG what your doing and planning not the other way around.  YOU build it and understand it better that anyone.

Besides your cash runway is short so investors they need to know what YOU are going to do.  No one expects solutions in 2 weeks but some indications of what COULD be done is always helpfull.  Worried about liability? I would place a bet your all ready there.

In this case imo silence is not golden. 

Best