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.

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Victoria Gold Corp > Question asked if this will affect the Casino Mines approval

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Comment by HoneyBadger77on Jul 29, 2024 6:23pm

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Post# 36153428

RE:RE:RE:RE:RE:RE:RE:RE:RE:Question asked if this will affect the Casino Mines approval

Thanks OCB for your concern but my comment about VG very likely being able to raise money has a condition that I see you left out.

"Just see how fast VG will come up the cash and fix this IF YTG, EMR and FNs all agreed this was in fact an 'Unlikely Event' and for VG to fix this and moving (should say move) forward."

Until this happens or an investigation proves no negligence on the part of VG, raising capital is a moot point. If you seriously think VG couldn't raise a $100 or $200 million to get past this then you underestimate JM. My guess is JMs already working on additional financing in the event the 3rd party investigation doesn't prove negligence on the part of the company. If that happens, do you really think that YTG, EMR, and even FNs can legally stop them form fixing this and continuing operations? VGs lawyers would have a field day with that one in civil court.

And for those who you believe are depending on my research and advice to make their investment decisions, I say to them DON'T and I make that quite clear when I end nearly all my posts with "My Opinion Only - Please DYODD."

At this stage, this company is a highly speculative investment and where the shareprice will ultimately end up is anyone's best guess. Bankruptcy is a very real possibility. My message to others on this board who might be relying on my research and advise is simple, Don't invest any money in this company that you can't afford to lose. Unfortunately the low float makes this company an easy target for shorters, but it also sets them up to get seriously burned if a positive shift in narrative were to suddenly occur.

When I know the results of the 3rd party investigation and facts as to who is ultimately negligent, I will make my decision whether to buy more, sell, or hold. I'm willing and can afford to take that risk, if you aren't then by all means get out now. VG is still on site for a reason and I'm willing to wait to find out why. My guess is they too are waiting for the results of the investigation.

My opinion only, please DYODD.

HB77

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