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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 > Dividend
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Post by ToreSweden on May 28, 2021 7:52am

Dividend

I am pretty sure that if they instead communicated an dividend at the same amount of cash, the sp would rise immediately instead of this setback.
What got John to this action must has to do with that he means the sp is strongly undervalued (right so). So we will benefits from this action but for a while later.
Comment by Greatdaysahead on May 28, 2021 9:09am
The news is bullish in my opinion so I try to figure out what kind of negative perspective could temper my enthousiasm. The only machiavelic explanation I have is the following: - management has some kind of mixed news to share in the near future. - they think this could impact negatively the pps short term. - they want to have tools to sustain the pps. A little tricky.. but who knows :-) ...more  
Comment by kegman on May 28, 2021 10:11am
Gentlemen.  It simply ran too fast for the market.  Look at the volume buying the shares these days.  It is staying up.  It is too small a float for most funds.  It is unique in that it is worth more than the present price but retail buyers can only raise the SP so much.  Big retail players think in percentages.  If it pops 10-20% when you drop in $50K it is hard ...more  
Comment by kegman on May 28, 2021 2:13pm
Okay.  Totally reloaded.  Share buy back starts on Tuesday.  GLTA.  
Comment by EdwardBlake on May 28, 2021 11:03am
Most likely John is taking advice from his legal and financial teams. I suspect they are trying to force CDE's hand by bumping them above 20%. 
Comment by ToreSweden on May 28, 2021 1:02pm
Ok, i did miss what that 20% is about. Can you inform me on this?
Comment by OCB1234 on May 29, 2021 6:31am
This post has been removed in accordance with Community Policy
Comment by VOX888 on May 29, 2021 8:17am
It would be insane for Victoria to sell now. We are literaly on the cusp of the largest price move in Gold we have ever seen. Inflation is going to be huge, it's already started, even the dodgy official CPI can't hide it any longer...and it ISN'T Transitory, that's just more Fed jawboning. Because of the massive debt build up, the crazy dollar printing Fed are desperate to keep ...more  
Comment by OCB1234 on May 29, 2021 8:56am
This post has been removed in accordance with Community Policy
Comment by VOX888 on May 29, 2021 10:06am
I certainly have been 'paying very close attention'...it's just my opinion is that it would be insane to sell any time soon...I'm fully aware of McConnells quote...otherwise why would I comment on it? and I'm wise enough to know my opinion will have no effect. I've been in for around 7 years, we are so close to a huge revaluation, and they're going to give it away for ...more  
Comment by OCB1234 on May 30, 2021 8:56am
This post has been removed in accordance with Community Policy
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