Seems logical that the best option for this deposit, employer, employee, debt holders and share holders is a situation where Victoria gold procures funding to repair the existing pad (short term) and build another, to enable stability for the long haul. Bankruptcy helps no one, the employees, debt holders, Yukon economy, all loose and I really don’t see someone else coming in to this PR nightmare, even at a rock bottom discount. There is too much infrastructure in place. The provincial and federal governments have bailed out the big 3 in the past as well as many others, this is no different, when you take into account the significance of this employer on the economy of the Yukon. Mining in Canada should reflect the values of a nation. Victoria should be a success story, not the end of a tail!!!
All parties involved must lead, not concede.
Appreciate all the posts and passion displayed here since the incident
Respectfully