Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 19, 2024 9:56am
190 Views
Post# 36230800

YTG sure loves to tell stories and of course fires back...

YTG sure loves to tell stories and of course fires back...Now that an on site engineer has come forward and  states what he sawthis comes out.

"It is unfortunate that they are focused on the actions taken following the appointment of the Receiver by the Court, rather than what they could have done to better to protect the land, water, animals and people near the Eagle Gold mine — both before and after the incident."

Of course the engineer is now a liar and everyting that comes out of YTG is now the gospel.

https://www.cbc.ca/news/canada/north/yukon-government-fires-back-victoria-gold-eagle-mine-response-1.7327164


One tihng for sure that is gospel that by the time YTG and PWC is through with this and the mine goes iinto monitor and maintenance into perpetuity it will end up as another ongoing Canadian taxpayers burden. 

YTG, EMR, inspectores and the designers and builders of this mine are blameless of course.     

If they think this it defies belief.  It's like YTG got pressured into "We're going to pop VGCX off into receivership before you can even do anything as per our unreal timeline of fix everything now or else." 

There was nothing of "fix in at our demand" in the mine safety plan, what was in the plan was to mobilize equipment and work on a worst case scenario.  Which according to engineering they were doing.

Nowhere have there been any comments about had an earthquake happened and the camp was wiped out while everyone was happily sleeping in their beds the cyanide would have been the last thing in the news.

Why would anyone invest in any mine in the Yukon ever again after this display by YTG, after all they approved it.  It's starting to look more and more like only gamblers will be the ones who want to invest here.

Just about every mine in the past decades has been with suppliers left in the dust.  This one has like $50m in miners leins to date alone.  We'll see how much the pennies on the dollar that will come too.

No one is going to invest in this mine again judging by what has occured in regards the governments actions (if a "loss of containment" happens and you don't chat enough pop off to recievership you go). 

As and aside take a look at "Invest Yukon" it sounds great but it's just more advertsing to raise cash for junior mining exploration and in fact some of the statements are clearly not correct.

https://investyukon.ca/about/#board-of-directors

https://investyukon.ca/
it states

"With mining as the cornerstone of the economy, the Yukon provides a stable and secure environment for investment, where Industry, First Nations, and Governments work together in collaborative and forward-thinking partnerships, founded on ESG principles."

Well recent history doesn't bear that out!

<< Previous
Bullboard Posts
Next >>