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Bullboard - Stock Discussion Forum 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... see more

GREY:VITFF - Post Discussion

Victoria Gold Corp > Crucial Part of the News Release
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Post by Whateverrr on Apr 06, 2021 6:25pm

Crucial Part of the News Release

So the most vital and important part of this NR was below in quotes.  They are telling you their AISC and other VITAL metrics are different from industry standard for AISC< etc etc etc. So it is worthless to compare to others.  Market will wait to invest which is why your volume today was horrendously anemic today and for this week and with no notable increase in share price even in an recently improving POG environment.  But I look forward to amazing insight from Mvargass and OCD and the random cheerleaders.  Welcome back Zeke with new name, glad they let you out of Stockhouse prison.
"
Non-IFRS Performance Measures
This news release refers to certain financial measures, such as all-in sustaining cost, which are not measures recognized under IFRS and do not have a standardized meaning prescribed by IFRS. These measures may differ from those made by other companies and accordingly may not be comparable to such measures as reported by other companies. These measures have been derived from the Company’s financial statements because the Company believes that they are of assistance in the understanding of the results of operations and its financial position. Please refer to the Company's MD&A for the year ended December 31, 2020 for an explanation of non-IFRS measures used."
Comment by Greatdaysahead on Apr 07, 2021 7:01am
this is the exact wording we had in the past. You decide today to focus on this standard part of the press release and to judge it the "most vital and important part" I don't know why you are so frustrated about Victoria and so focus on some contributors here. But it is bringing less and less quality to your posts.  The past is the past. Yes 20 was too high, yes the way to ...more  
Comment by OCB1234 on Apr 07, 2021 7:57am
This post has been removed in accordance with Community Policy
Comment by Whateverrr on Apr 07, 2021 12:08pm
Please find me another press release from a similar producer that says "you can't count on our AISC numbers because they do not conform to industry standards"    That is a slighly important factor in investment decisions.   See the volume today as an example ?   3,000 shares traded on the USA side, down 2% and market open for several hours. You should ...more  
Comment by Whateverrr on Apr 07, 2021 12:15pm
Not frustrated in the least as you claim but since you didn't see $21 a share as a bad bubble you certainly can't judge the context and emotions of a person you don't know.  I did quite well in VG.  I don't currently hold becuase I took nice profits.  I and a few others could see the bad issues that were coming.   I called the bottom a few months ago and ...more  
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