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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 > What concerns me…
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Post by Swingandmiss on May 20, 2021 12:58pm

What concerns me…

Is that the constant upward momentum could be someone accumulating as many shares as possible in the open market for the hostile takeover. I understand the dilution defense, but many of us don't have tonsofdough to buy at discount. Hoping this is just dumb money piling in for quick, easy payday. 

Thoughts?

Comment by OCB1234 on May 20, 2021 4:00pm
This post has been removed in accordance with Community Policy
Comment by Swingandmiss on May 20, 2021 6:20pm
Poor choice of wording, I meant non institutional or retail investors like us. I've been long VIT since 2007 and missed all of the trading opportunities. Hoping that this rally is real, but Powerman worried me that if Coeur takes profit and sells, we may be in for another roller coaster    
Comment by Research67 on May 20, 2021 6:41pm
IMO; The rights offering is the key to recent gains. I don't think there is an investor here that doesn't believe Victoria will be sold for less than our previous high of $21.00 (I hope considerably more), Which sets a safety margin on purchasing any shares less than $21.00 Now throw in the possibility of acquiring rights/shares at a 50% discount; I know some cant afford or don't have ...more