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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 > Expectations
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Post by Human7 on Dec 17, 2021 1:47pm

Expectations

There is a limit to how much up-to-the-minute reporting a company should be expected to do and I do not want an IR person.

I like that it's the CEO in the interviews. If it wasn't, there would be some who would complain we're not getting it from the horse's mouth. And an IR person is another $100,000 of expense in compensation. Would it have changed whether or not we would have found out about the lines sooner? I suggest we have no idea what the IR person would have recommended and whether John would have listened or not. Would knowing a few weeks ahead about these lines and missing guidance have changed any of our investment positions? I think not. Unless you're a day trader, and frankly, the world needs to get back to investing.

It's human nature to want more and more information from the company, delivered on an immediate basis. I suggest quarterly is pretty good, and that is the case here. LOL I know more about this company than I did when I was an employee of companies.... where I was investing at least 5 days a week of my time, trying to get ROI.

Yes John could have mentioned in recent interviews that they were having a problem with the lines. TBH, considering the conversational nature of these interviews I think he could have, and even should have. But it's a choice, and not an issue that should change an investor's outlook, so no real harm done.

Comment by kegman on Dec 17, 2021 2:16pm
AN IR person, a real one, would help to set John a plan to not over promise, no matter his excitement, and to set expectations for delivery of news in an orderly public fashion.  Searching out interviews, which many members here do quite well, is not a normal thing for the average investor.  With this limited float, if we stuck to a plan to promote the stock based on real value and not ...more  
Comment by OCB1234 on Dec 17, 2021 2:33pm
This post has been removed in accordance with Community Policy
Comment by kegman on Dec 17, 2021 2:40pm
I wish there was spell check on this!  I am actually fairly literate.  I type with the fastest two fingers in Canada though.  
Comment by OCB1234 on Dec 17, 2021 2:55pm
This post has been removed in accordance with Community Policy
Comment by Human7 on Dec 17, 2021 4:31pm
I dunno kegman, maybe you're right and a good IR person would at least add to the mix in attracting more investors. Just thinking out loud. Been in boardrooms where such a person would have little say in what we're talking about. Look at the work history of what Banyan just hired, and I'm a big Banyan fan. Last job was in tourism. The CEOs and operations and board are still making the ...more  
Comment by kegman on Dec 17, 2021 5:49pm
Do not get me started on naked shorting, organized white collar crime and the money they give to politicians to not bar it.  If we truly are being primed for sale then getting the best price is important unless there is a backroom deal.  Higher sp is important.  If we go alone then the sp is even more important for any future expansions or a buying opportunity of another junior ...more  
Comment by OCB1234 on Dec 17, 2021 6:02pm
This post has been removed in accordance with Community Policy
Comment by kegman on Dec 17, 2021 6:11pm
$22 is 20%.  For a one year investment at that level......very nice.  Off to office Xmas dinner 2night.   Lockdown starts again Sunday.  Frackin cylons!  They r behind this stuff.
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