Victoria Gold Corp VITFF

Nice Welcome

[slamdunk]

Trying to make sense of an out of blue investment by Coeur after doing a complete u-turn of its total focus on Rochestor rebuild followed by Silvertip mill expansion.
I used to post omn BullBoard but my email changed and i had to rejoin.That was back in Rockhaven days.
I read everyting i could as quickly from tech reports ,researches Lahonton amalgamation .Listened to most presentations and interviews.Read Agreements and Support Agreements a number of times trying to untangle what was actually said.
So i resigned last week and spelled Mc Conells name wrong Oconnel and engaged in dialoguepertaining to this takeover with Orions help.
And John Mc Connell did muddy the water9if he was behing Shareholder Rights Plan and The buyback to cancell 5% of outstanding shares which puts Orion and Coeur at 20% making them acquirers  and triggers Shareholder Rights pPLan as sonn as 5% of shares purhased are cancelled..
And if a poison pill is not muddying the water.
This Mine is going to be sold -to who and at what price.Only can work with information that is avaiable.
I don't work with Coeur but and i don't advise or predict  thats a mugs game.
I intend to be knowledgable  with bactracking all asets history ,evey tech report,exploration report.
If you think anything said on a Board is going to influence price-now covid might and i picked that up on Golseek early this morning and i reside in England so i posted it after checking nobody else here.
The best info not found in print can come fromposters of knowledge either in addidition or rebuttal.
As to spelling i'm haphazard.

Coeur is a fair overpayer ,takes care of its employees ,has award winning ESG. and they were early on that.
This mine is there strength mid tier,open pit heap leach and they need this for it lifespan ,immediately accreetive fee cash flow and as insurance against Kensington Mine and going through repermitting in Alaska and as a catalyst acerratorn to Silvertip mill expansion.
Other wise its a trudge till Rochestor rebuild is finished.
This is about Orion and stakeholders wanting to take profits not squeeze every penny waiting for exploration and increased production.
Coeur has 17.8% and Orions  voting shares  and influence with  Board..
Coeur has agreed to not put out press releases without Orions permission and it looked to be like John McConnell was also silenced in Fireside chat.
And he wants to max his ony 1% and that may put him at odds with some powerfiull money guys.
My opinion is financing has to be arranged before this was started and The Board views were talked about with Orion.They may have sactioned the Shareholder Rights Plan.
Orion has an Agreement with Coeur to get back 75% of the profit over 13.20 sale price to Coeur and has anagreement that amount will be in Coeur shares up to their 300million outstanding share limit -then the rest in cash.
I believe again that Coeur wants and need this mine to accelerate its growth abnd revenue and will overpay for it.Over a mine life who cares.They overpaid for Peciosa  Deposit in 20212 360million needing a 300million build. One of five largest primary silver mines.That was to be a 10million oz producer and it had two no build decisions with bear market silver prices.Their aquisition price was at 31.00 silver and  by closing silver was down to tweny and heading eventually under 12.00..
If Coeur walks it keeps the profit  on 11,067,714 shares bought at 13.20 (C) at todays prices thats a  66million approx  unrecognized profit and if out bid alot more.




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[Zeke2902]

I appreciate where you're coming from and the comments you have made. It's good to have additional information that is pertinent to the current situation and the sale of Victoria Gold to the eventual buyer. I, for one, have no misconception that anything said on this board will have an affect on the final share price of any transaction. I also realize that perspectives differ based on

[andre171]

Our interests are currently opposed (between the shareholders of Victoria and those of CDE), but we may soon be shareholders of the same company resulting from the takeover! The opposition is only valid for the take-back price, because we would possibly have common advantages resulting from the integration!

[kegman]

Orion and CDE cannot lose here.  If someone else steps in and out bids them then they both do very well for a short term investment.  Obviously though it shows they have built the steps for a buyout.  They want the best price they can get.  It is up to VG board of directors to maximize the value.  My only concern is many times there are side deals with later appointments

[EdwardBlake]

Meh, I owned both before the announcement

[OCB1234]

This post has been removed in accordance with Community Policy

[slamdunk]

 In responce i don't give a hoot what it sells the CEO stated it would be gone in 2months i read the Agreement with Orion along with Support Agreement.Including any all icould find from Tech Reports drilling reports ,4tquarter 2020 and first quarter 2021.All presentations and web casts.I have from this Board learned that i spelled John Mc Connell wrong and that 66,000share limit per day

[Human7]

For accuracy, CEO said "in a few months," not "in two months." In corporate speak that is a huge difference. 

[OCB1234]

This post has been removed in accordance with Community Policy