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Bullboard - Stock Discussion Forum Victoria Gold Corp T.VGCX

Alternate Symbol(s):  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... see more

TSX:VGCX - Post Discussion

Victoria Gold Corp > Reality check
View:
Post by Zibo510 on Jul 18, 2024 10:27am

Reality check

"Yukon mines minister John Streicker announced that the Department of Energy, Mines and Resources has directed Victoria Gold to stabilize the area where the slide occurred"

It's been over 3 weeks since the slide and work to stabilize the slide hasn't begun. 

That indicates how complex approaching stabilizing the pad is, and developing a plan to deal with it. 

Once a plan is approved how long will this work take, not weeks that's a given. 

With cold weather a couple of months away once the pad is considered safe it's unlikely any further work other than environmental remediation will be undertaken until spring.

How long can VG hang on with zero revenue?
Comment by Singoa58 on Jul 18, 2024 10:54am
Game set match     Taxpayer funds will be used imo Im surprised its not halted It has zero value 
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