Victoria Gold Corp VITFF

New here

[Teclis]

Hi all, I still havent bought any VGC shares but plan to do so. I really like the active discussion here. Just a short question ... H2 guidance was downgraded from 80_100k to the mid 70ies ... but did they say anything in the CC about potential Q1 numbers ... down due to equipment installation and back to Technical Report plan as of Q2? What are your thoughts on that ... did they face problems in q1 coz of liab pay back? Or do we see potential 180 to 200k ounces in 2021? Thanks and I hope to add quality here too soon and dont ask only questions... best from Germany

[NickelOne]

Before buying VGCX give some tought to following: 1. Productivity goes down, costs go up during the winter months. Winter is in full swing in Yukon and it lasts 6 months. 2. VGCX raised $55M in 2020, they have $40M of cash left on hand. Accounts payable and debt payments over the next 6 months require additional funding. They will more than likely issue some cheap shares at $7-$8/share early 2021

[Whateverrr]

Teclis,  Definitely take the post by NIckel below in to your serious investment strategy.  You can easily go back 6 months or a year on each persons  profile post history to see what they had said then and what came to be true.  Nickel was highly accurate, more so then myself and a select few others who also pinned  as saw all the troubles that the company is now

[Whateverrr]

A quick view of old posts promptly reviews who are cheerleaders basing hope and dreams as their investment thesis versus those who take a clean look without bias and  choking on company narratives and forward thinking comment which don't turn out to be true.

[Teclis]

Many thanks to you both and the high quality of this board here. Again thanks for your support ... Iam still looking at a good mid tier gold producer which isnt trading too high so I came to VGC but also EQX or LUG are in DD ... i really miss a good mid tier ETF this VanEck Junior ETF is mainly on high mid tier companies ... I will have the VGC on my watch list and read this board very carefully

[NickelOne]

A few weeks ago I took the time to provide my personal insight why VGCX was not investment worthy at that time. My opinion did not change. Read second item on my list again, it looks like the financing I anticipated is raising its ugly head a lot sooner than anticipated. A few notes from the Sedar document below (easy reading): Revenues and Guidance Victoria has recently achieved commercial

[givemeabreak1]

A couple of items that were missed!!! When Fuel Prices rise so does cost!  Fuel prices have been rising When Currency rises AISC rises!  Cdn Dollar has been rising!

[NickelOne]

You are 100% right, thank you.

[Greatdaysahead]

we had a few exchange here about currencies fluctuations: https://stockhouse.com/companies/bullboard?symbol=v.vit&postid=32030644  for an answer to my queries at the time. Looks like you want to point out only about the negative here. So be it.. Why AISC forecast is a range... Exactly because it depends of many factors_ - costs - exchange rate - production Now, wouldn't be

[OCB1234]

This post has been removed in accordance with Community Policy

[Gambler8888]

Are you kidding?   I usually don't reply to a post but this one made me laugh. Those are the standard disclaimers for so many companies (profitable or not).  It's the same as the fine print on every p65 product that says you could get cancer from products including wood dust and lunch tote bags in California.