GREY:VITFF - Post by User
Comment by
mdjbrownon Jul 12, 2024 6:19pm
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Post# 36131020
RE:RE:Loser Loser
RE:RE:Loser LoserFreezerburn, there is a reason corp disclaimers are generally longer than the actual press release
Its called CYA I also think it is VGs attempt at firing a shot across the bow of FNNN and YTG
You dont want to work with us, 500 people will be directly out of work, and that income loss will have a massive economic trickle down effect throught Mayo.
https://vgcx.com/news/victoria-gold-update-on-eagle-gold-mine/ "This press release includes certain statements that may be deemed "forward-looking statements". Except for statements of historical fact relating to Victoria, information contained herein constitutes forward-looking information, including any information related to and the HLF incident, health, safety and environmental impact matters relating to the HLF incident, the results of Victoria’s engagement efforts with the Government of Yukon and applicable regulatory authorities, as well as the FNNND, the results of the ongoing investigation into the causes of the failure at the heap leach facility, plans for remediating the impact of the HLF incident and other related matters. Forward-looking information is characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may”, “will”, “could” or “should” occur, and includes any guidance and forecasts set out herein (including, but not limited to, production and operational guidance of the Corporation). In order to give such forward-looking information, the Corporation has made certain assumptions about its business, operations, activities relating to the HLF incident, the economy and the mineral exploration industry in general. In this respect, the Corporation has assumed that production at the Eagle Gold Mine will remain suspended indefinitely pending the results of the investigation into the causes of the failure at the heap leach facility and the successful conclusion of ongoing engagement and discussions with the Government of Yukon, the FNNND and the Corporation’s other stakeholders, no unusual geological or further technical problems occur, no material adverse change in the price of gold occurs and no further significant events occur outside of the Corporation's normal course of business. Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those described in, or implied by, the forward-looking information. These factors include the impact of the HLF incident on the Corporation’s business and financial condition, risks related to liquidity and credit availability resulting from the indefinite suspension of production at the Eagle Gold Mine, the values of assets and liabilities based on projected future conditions, potential resumption of metals production, fluctuating metal prices, currency exchange rates, estimated ore grades, possible variations in ore grade or recovery rates, changes in economic model as a result of unanticipated costs associated with the HLF incident, changes in accounting policies, changes in Victoria's corporate resources, changes in project parameters as plans continue to be refined, changes in development and production time frames, the possibility of cost overruns or further unanticipated costs and expenses, uncertainty of mineral reserve and mineral resource estimates, higher prices for fuel, steel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, further failures of plant, equipment or processes to operate as anticipated, final pricing for metal sales, unanticipated results of future studies, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, requirements for additional capital, permitting time lines, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, limitations on insurance coverage and timing and possible outcomes of pending litigation and labour disputes, risks related to remote operations and the availability of adequate infrastructure, fluctuations in price and availability of energy and other inputs necessary for mining operations. Although Victoria has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in, or implied by, the forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding Victoria's expected financial and operational performance and Victoria's plans and objectives and may not be appropriate for other purposes. All forward-looking information contained herein is given as of the date hereof, as the case may be, and is based upon the opinions and estimates of management and information available to management of the Corporation as at the date hereof. The Corporation undertakes no obligation to update or revise the forward-looking information contained herein and the documents incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable laws."