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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 > Raven Results
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Post by MVargas on Apr 21, 2023 2:22pm

Raven Results

Victoria has all of the drill results back from Raven and have had them since before February 1; they have simply chosen not to disclose them.  Not exactly timely disclosure as required by securities regulations.

This is from a February 1 interview:

Interviewer: And John as you mentioned just to define Raven, this is an important part going forward because you're also going to update the resources, and that's fairly quick, right?

John: Yeah, we ‘ll have that out within Q1 of this year, we've got all the assays back of the results -back from that 25,000 meter program in 2022. So the guys are compiling everything now, updating the geological model and the resource block model, and we should have those numbers out before the end of the quarter.


https://www.youtube.com/watch?v=jD3nWY1NoIE&ab_channel=paidpromotionalmessages
Comment by HoneyBadger77 on Apr 21, 2023 3:33pm
Despite some of the posts lately criticizing John for not releasing the Raven results in Q1, and to be fair (according to your quote MVargus) he actually never promised they would be released in Q1 as some on this board have implied.  'Should have' is not the same as 'will have'.  I suspect it takes a lot of work to put these reports together and I think we all know that ...more  
Comment by MVargas on Apr 21, 2023 4:03pm
HoneyBadger, your comments might be valid if John had a record of not overpromising and underdelivering.  He gave us the expectation that results would be provided in Q1.  No different than saying they expect to produce 165,000 to 180,000 oz in 2022.  Besides, why not provide the drill results when you have them.  By not doing so, leaves the impression that they are not all ...more  
Comment by HoneyBadger77 on Apr 21, 2023 5:41pm
Agreed MVARGUS that John has a tendency to overpromise and under deliver and that's probably because he's an optimist.  Hopefully he has learned to contain that optimisim after getting beat up in 2022 and he can now move forward and get this company running more smoothly in 2023 and beyond.  I hope he underpromises and over delivers this year because at a $2,000 an ounce gold ...more  
Comment by HoneyBadger77 on Apr 21, 2023 6:13pm
MVargus, Here's the link to the Raven results that I mentioned I thought I saw.  It's dated January 19, 2023.  I subscribe to VGCX mail and received it via e-mail.  Is this what you're looking for?  I saved a copy to my e-mail folder so If the link doesn't work I'll try and post the contents.  The article also states that the info along with drill ...more  
Comment by MVargas on Apr 21, 2023 6:30pm
Yes, I am aware of that news release.  It was based on receipt of assays from 39 of 90 holes drilled in 2022 and even then only the results of 8 (best?) holes were provided. So what about the assays from the other 51 holes, which according to JM, were received by Feb. 1?
Comment by MVargas on Apr 21, 2023 8:15pm
Regarding T ROWE, I never said they only dumped a million shares, I estimated they dumped about 4 million shares and you figure about 5 million so I was close. This is from the post that I responded to I'm more concerned why T ROWE (our previously largest shareholder) would dump about million shares that were picked up by GMT Capital Corp from Atlanta Looks like you forgot the 4 before the ...more  
Comment by Goldmann2020202 on Apr 24, 2023 2:28pm
Buying Victoria shares every Monday for past 10 weeks. Expecting a Big Upside move shortly.
Comment by Goldmann2020202 on May 03, 2023 12:21pm
Raven results long past due!! Is the company holding back results?
Comment by Greatdaysahead on May 03, 2023 5:05pm
Ee have the ESM (extraordbshldr meeting) either just before or just after it I guess
Comment by kegman on Apr 21, 2023 4:05pm
I have always felt that they knew who was shorting the stock.  With that in mind, one could speculate that the results are good and they are letting these shorters cover. first before releasing.  As underhanded as that would be, it benefits us longs if it vaults up.  
Comment by Human7 on Apr 21, 2023 4:31pm
I was also thinking that these million-level shares moving around was them having made temporary arrangements for selling of Coeur shares in an orderly fashion, since Coeur wanted out.
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