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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 > Out of BYN
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Post by powerman on Mar 04, 2022 2:39pm

Out of BYN

It took a while to sell off my BYN holdings but it's done and all the funds went into Victoria. A little over weight now but not too worried because I see great value here with a growing resource and the cash flow to exploit it for years to come. I guess that is the one negative about BYN in that they can't realy take advantage of the current price of gold because they have no cash flow and it will be years before they do. DF
Comment by OCB1234 on Mar 04, 2022 3:07pm
This post has been removed in accordance with Community Policy
Comment by Human7 on Mar 04, 2022 5:40pm
powerman, OCB, I think it's best to be in both. BYN has just as much SP upside/catalysts this year as VGCX, probably more because it's so cheap relatively speaking. It can do a double easier than VGCX at this stage. VGCX SP is doing well now, steadily moving up, and I like that too. Both companies are undervalued, it's like a northern jinx, but we are getting noticed more I think ...more  
Comment by powerman on Mar 04, 2022 6:44pm
All good points. BYN is almost a ten bagger for me so no complaints. Picked up most at 4.5 - 5 and  a few at 4 cents. just have to cut and run but I wil keep my on it. Picked up victoria when it dropped back to 31 cents as mine funding was being worked on. It had been much higher so I had bought in at the mid fouties and just kept adding as it went down. Never lost the faith. I am thinking ...more  
Comment by Zeke2902 on Mar 07, 2022 1:46am
"Out of Banyan " the new rally cry for "Oh, my god, I'm making way too much money"!!!!
Comment by kegman on Mar 07, 2022 8:26am
If we could only get out at these levels it would be golden. We have made no money unless they can monetize the asset and it is Worth zero in any sale of Victoria right now. Good luck with Banyan. Please just be practical.
Comment by OCB1234 on Mar 07, 2022 8:30am
This post has been removed in accordance with Community Policy
Comment by BigJake on Mar 04, 2022 5:26pm
No worries power as long as you own VCGX you will never be out of BYN like it or not
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