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Victoria Gold Corp VITFF

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

Comment by crazytimeson Jul 14, 2024 2:21pm
134 Views
Post# 36132192

RE:Short VG video on HLP construction - Might be of interest.

RE:Short VG video on HLP construction - Might be of interest.Husky... I spent hours digging into the extent of damage when this first happened, to see how big a problem it might be, what the costs to remediate, liner damage and ramifications, new pad and possible location, timeline,  etc. etc would be, but now for me it is all SECONDARY in a BIG way and all FOCUS should be to CURRENT FINANCING NEEDS! What is going on with the DEFAULT and how many DAYS LEFT? what is CURRENT CASH position TODAY? what is CURRENT BURN TODAY? how will outstanding HEDGES be SETTLED? what covenants are in breach if not all of them? who would offer financing and under what terms? could bankers foreclose and take the assets to auction and let the bond pay for cleanup? I could go on and on endlessly, but this is where my attention is currently focused! etc, etc ETC.... FINANCIAL CONCERNS ABOUND! It's very easy to miss any torpedoes that may be fired and coming fast and hard under the water while staring at and  analyzing the the cost to repair a damaged barely floating ship, especially when you are a ship builder. My point is it may be wise to expand the radar to find dangers not easily visible to the eye, as it can be what sinks the ship rather than the obvious current holes in it.  Just my opinion. 
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