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Bullboard - Stock Discussion Forum 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... see more

GREY:VITFF - Post Discussion

Victoria Gold Corp > Deja vu - Will this playout like Nordgold/Shandong for CDV
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Post by phoenix_trader on May 11, 2021 11:03am

Deja vu - Will this playout like Nordgold/Shandong for CDV

March 2020 - Nordgold acquires 19.9% of CDV @ $A.44 from Goldfields.

July 2020 - Nordgold bids $A.66 for remainder.

August 2020 - Shandong all cash bid of $A.70 for CDV

September and October - Nordgold ups to $A.90 then again to $A1.00 to match Shandong

December 2020 - Shandong acquires all CDV shares for $A1.075.

Big win for Nordgold which is currently paying for production expansion at Gross.the Eagle lookalike in east Russia.
Shandong is busy building Namdini in Ghana.

I really enjoyed the Cardinal takeover action, pretty obvious to me that VGCX will playout like CDV last year.
Comment by OCB1234 on May 11, 2021 3:33pm
This post has been removed in accordance with Community Policy
Comment by phoenix_trader on May 11, 2021 3:56pm
Nordgold walked off with enough profit to pay for the Gross Stage 2, not that they needed it.  Coeur either gets the Dublin Gulch or walks off with enough to put Silvertip back into production. Orion gave up some profit to get the game going. If copper had not run up so quickly maybe VGCX could have made a merger with WRN and BYN work, not know because WRN is worth a lot more than just the ...more  
Victoria Gold Corp