Victoria Gold Corp VITFF

Time for John to go

[kegman]

Victoria Gold Corp	VGCX-T	13.5%

Top-20 short positions by percentage of float (Aug. 24)

THis funneling of money to Banyan is a con.  Who else would finance a junior in this area  when we cannot get enough labourers for our own mine?  Who else would fund BYN when the costs of starting anything of that magnitude is bonkers right now and into the forseeable future.  There is something going on here and we need an outside audit of the mine and the constant promises of greater results when the fact seems we are able to produce what we are and frankly that is pretty darn good.  Having his wife be the beneficiary of this funding is no longer acceptable.  AS well, there is no need to look stupid by putting out Project 250 that was supposed to be in test phase this fall and yet we are years away depending on how they engineer this 'Process' to garner more gold from the ore we are processing.  Stacking for two more weeks will get us 20,000 more?  Come on man!  Over promising and under delivering is the worst thing you can do.  No more shell games, pay down the debt and pay a dividend.  No more Byn and in fact,, sell what we have.  Slowly if you wish.  Lahontan...seems like no one is interested so I do  not know what people are squawking about there.  DO NOT USE VGCX money there!  How can such a tight float be this shorted.  This is insane for the amount of money we are making up there.  WE are ripe for a takeover and frankly, it might be in our best interest.  John did his job to get is started but this is beyond him.  Get your watch and move on please.  Thank your your service.  Yes, I am cranky today.

[drjill]

Well said on all points. It is a serious co flu t of interest to be funding Banyan at this level. I know there are macro level factors at play here as well but John’s decision making re: Banyan as well as inability to manage an operartional mine is hitting us hard 

[Swingandmiss]

I can't find any news out today? Did we get a bad ruling on the water bond?

[BigJake]

Doesn't sound cranky to me, you didn't say anything that the majority of shareholders have to be thinking. At least I am, if I wanted to invest in BYN I would I don't need John to decide for me

[MVargas]

Kegman, may I ask where you got your short position for Victoria.  According to Stockwatch the short position was just over 4% as of August 15 and the next report is not until after August 31. One of the conditions attached to Victoria's purchase of Alexco's interest in Banyan was that the PEA which was due in 2023 (in order for Banyan to earn Alexco's full interest) was extended

[kegman]

Globe and Mail yesterday.

[MVargas]

This is from yesterday's Globe and Mail: Top 20 short positions by percentage of float (Aug. 24)         COMPANY TICKER % OF FLOAT SOLD SHORT AUG. 24 Air Canada AC-T 34.0% iShares S&P/TSX 60 ETF XIU-T 20.3% Energy Fuels