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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 HuskySWon Jul 22, 2024 1:16pm
137 Views
Post# 36142918

RE:VGCX - Retained Earnings $113 Million

RE:VGCX - Retained Earnings $113 Million
badger,

Thank you

" We are now into week 5 of this debacle and retail shareholders are still left largely relying on the media for their information.so it's no surprise the shareprice continues to drift lower (being manipulated lower)."

Well said.

"My guess is if all the company insiders, their largest shareholder GMT Capital, and all their lenders all believed this company going bankrupt is imminent, then this stock would already be at zero.  The only reason they're all still here is because just like us longs, they currently don't have enough info yet to know exactly what happened and who is most liable and are no doubt awaiting more info on the degree and extent of environmental damage, how successful remediation efforts are, and what these two factors are going to cost."

In my opinion only

I beleive that the Eagle being remediated/shuttered  or reopened as an ongoing concern will all depend on what comes out of the question "Are there any future profits" including all env remediaiton costs.

If so, GMT Capital and so forth will toss the cash in.  In the mining world it's just another day.

Best
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