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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 > Da bottom line here is that VGCX caused the damage
View:
Post by EricSnott on Jun 30, 2024 6:53pm

Da bottom line here is that VGCX caused the damage

and now they not only have to find a way to fix it but to find a way to pay for the clean up!!

Like I said, the insurance claim will take years and years to settle...they will go thru the entire process to see who's at fault first!!!
Comment by HoneyBadger77 on Jun 30, 2024 8:21pm
No EricSnott, it won't take years and years to settle insurance or fix it, because first of all the insurance is the $104 million bond and second, neither the Yukon Government or the First Nations are going to wait for years to clean up any environmental damage no matter how small or catastrophic, if in FACT that damage is even a fraction of as bad as you'd like us all to believe.  No ...more  
Comment by m8magic on Jun 30, 2024 8:37pm
can only use the 104 million if Vic gold walks...others Vicgold has to do it without acces to that money..
Comment by m8magic on Jun 30, 2024 8:39pm
otherwise
Comment by HoneyBadger77 on Jun 30, 2024 9:09pm
OK m8magic, so let's assume Vic gold walks.  The $104 million bond is secured by the ounces in inventory on the pad.  But according to some poster last week (actually might have been you), that inventory is likely lost, it ran down the slide, 27 million gallons of solution mentioned I believe it was (again speculation), and who knows where it ended up (again speculation not Fact, at ...more  
Comment by Singoa58 on Jul 01, 2024 1:31am
These situations always take years to resolve  im sorry fir your losses.... crypto miners dont  have these accidents 
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