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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 > Shirt volume 50 per cent of total volume
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Post by kegman on Sep 20, 2022 9:08am

Shirt volume 50 per cent of total volume

Security Company Name Listing Market Short Sale Trades % Total Trades Short Traded Volume % Total Traded Volume Short Traded Value % Total Traded Value
VGCX VICTORIA GOLD CORP. J TSX 25265 50.402 4022144 46.131 31197719 46.136
Comment by Pete1986 on Sep 20, 2022 9:49am
Crazy, VGCX got totally under control from shorters. The only way to get out of it is to deliver great numbers for Q3. 
Comment by powerman on Sep 20, 2022 11:36am
I don't see how Victoria is a target for more shorting at this stage, but also no rush to cover here either. Agree significant improvement in production or outstanding drill results are needed to move the sp higher. Of course improved price of gold would help slow the decline as operating costs climb. Lets see; (1) borrow money to pay down debt (may not work) or (2) sell some cheepy shares ...more  
Comment by kegman on Sep 20, 2022 12:12pm
No offer will come in while shorts are there.  It was shorted down to drive the price down I believe for an offer to be arranged.  The board, being incompetent in these matters, is at their mercy.  Again, building it...great job.  Running it...time to bring someone else in with a better accuem for this work.  I bet the offer will be in the teens.  It would come after ...more  
Comment by MVargas on Sep 21, 2022 1:47pm
Status of short positions as of September 15 have now been published and it shows that the number of VGCX shorts decreased in the first half of September by 434k shares to a new total of 2.1 million shares = 3.26% of the float.
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