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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

Post by KenoHillYTon Sep 03, 2024 9:45am
527 Views
Post# 36205973

I have a used cyanide delivery truck to sell you.

I have a used cyanide delivery truck to sell you."Think through how severe a Yukon recession might be and your personal exposure to it"

Oh yeah someone said a major will step in.  LOL   Not unless the c-suite and BoD of that major is smoking some of that nice Canadian Yukon grown Mary Jane and looking through all that Purple Haze, it's OK the Feds say so....

If you beleive this then maybe "you are the person headed into Forty Below wearing shorts and flip flops."

"The good news, such as it is, is that the Yukon government has been mostly unsuccessful in diversifying the economy. It still gets around 85 per cent of its revenue from Ottawa."  Great! Now just kick in the other 15% and it's a wash.  :)

"With the Yukon government’s bold move to push Victoria Gold into receivership, the calls by First Nations governments for mining limits, and the shift in public sentiment, I would not want to be pitching investors on a Yukon project this winter."

Yup It's The Yukon "Larger than Life"  all right!  One thing for sure YTG might need more $, quick raise the taxes.

https://www.yukon-news.com/opinion/yukonomist-what-to-do-in-an-economic-cold-snap-7503742
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