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.

GREY:VITFF - Post by User

Victoria Gold Corp > Let's get rid of those "cheap" common shares of VG...

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Comment by Whateverrron Dec 11, 2024 2:51pm

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Post# 36357262

RE:RE:Let's get rid of those "cheap" common shares of VG...

This CEO speaks in error often and or in print. As an example,for a while they had literature out that said their resource was 14.1 (fourteen point one ) gpt property wide.......not the correct 1.41 ( one point four one ) just a wee difference there. LG is a mess and rightfully so, the stock at what 4-5 cents CA$ and 3 cents ? US$. BIG dilution likley in 1-3 months, last one was up to 90 million shares at 6 cents, lasted only 6-9 months with extreme excessive spending, completely unrelated to exploration. HB, hopefully you were a long time brilliant investor here just like VG. Winner.

HoneyBadger77 wrote: Just to clarify, KH, the comment by Kimberly Ann is referring to the Lahontan shares held by VG that PWC is disposing of and not VG gold common shares.

The quote from Kimberly Ann was either misquoted or she missed the word 'held'.

"Kimberly Ann, Lahontan Executive Chair, CEO, President, and Founder commented: "This is an important step towards placing the Victoria [held] shares in the hands of secure, long-term investors."

VG holds about 21 milion shares of Lahaontan (if I recall correctly) and those are the shares PWC is disposing of and trying to dispose of in an orderly manner in attempt to maximize the sale proceeds to be received by PWC. The exact amount on Lahontan shares held by VG are on SEDAR but I'm too lazy to look it up.

HB77