GREY:VITFF - Post by User
Comment by
GoldenPolarBearon Aug 19, 2024 8:33pm
128 Views
Post# 36187013
RE:John McConnell has been terminated by Victoria Gold
RE:John McConnell has been terminated by Victoria Gold "...
Victoria Gold CEO McConnell axed..."
"...
PricewaterhouseCoopers, the firm handling Victoria’s Eagle mine in Canada’s Yukon Territory after it was forced into receivership last week, fired McConnell, the broadcaster said. It cited an email from the CEO saying Monday would be his last day at the helm...." "...
The Yukon has said the mine could return to production at some point and that Victoria Gold could have been part of that plan. In March, McConnell accepted this year’s Viola R. MacMillan Award for innovative financing at the Prospectors and Developers Association of Canada. He’d used a combination of private equity and offtake streams when backers for the low-grade mine in the far north were hard to find. ..."
https://www.mining.com/victoria-gold-ceo-mcconnell-axed/
What intelligent and well educated CEO would have any interest in dealing with this YUKON MESS...
Disgusting how this was handled and is being handled by the Yukon government & PwC...
The Victoria Gold shareholder's seem to have been wiped out in my humble opinion!