Victoria Gold Corp VITFF

Market Cap So Low Now Majors Must Be Looking????

[crazytimes]

With the HUGE escalation in mine building costs over the past few years never mind the very long and arduous permitting process on new mines, hard to think this is not getting insanely attractive to a major looking to add cheap ounces and reserves. A big player could likely push this up to 250 thousand oz operation pretty quickly, and prove out Raven in a flash! Why build a new mine when you can buy one for about half the cost and get all the other targets for free? Just my opinion. Good luck to all.

[MVargas]

Yes, crazytimes, that is the one thing that has kept me from bailing  Current market cap is US$ 302 million.  On the surface that is insanely cheap for a 180k ounce producer in a Tier 1 jurisdiction but it is currently a marginal operation with gold just over $1900.  Failure to produce anywhere close to 200k ounces the past 2 years has cost us dearly in terms of confidence in the

[OCB1234]

At this point, I'm ready to move on as well. There are many better plays out there, especially among the silver mid-tier producers. I'd take $10 and walk. 

[kegman]

At the present pog and assuming aisc stays similar we make $500 U.S. oz.  As ozs go up, aisc goes down factor in pog could go up.....I see $12 takeout depending on Raven.  That is under $900M Cdn.  If we had spent money on the debt vs. BYN we would be better off too.  Regardless the SP is beaten down due to the fire and lack of faith in the team.  It seems to be entirely

[Greatdaysahead]

I know you dislike Victoria investment in Banyan but I don't think a lot of ressources have been diverted from loan repayment to Banyan investment. As per the SEDI inisder filing: - 32M shares owned / about 11% ownership. - since oct 21, Victoria has invested 4.713M CAD for 15.6M shares. Average price 0.301 CAD - I don't have the details about the other 16.4M shares bought earlier but

[OCB1234]

Either way I want it to happen before year end. I'm ready to move on. 

[crazytimes]

 Because of the insiders buying the other day and basic trading rules I have to assume they are not currently in any talks for a buyout. The small size of the purchase also doesn't make me think they are fixing all the problems overnight or like me are simply unsure where gold is going.  That pins hopes on a hostile and puts Victoria at the mercy of the gold price until they can get