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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 > Everything stated so far
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Post by snowtrac on Jul 12, 2024 6:30pm

Everything stated so far

I believe is for one purpose only and that is to put pressure on all parties to come together and solve this mess. If this doesn't happen then everybody will lose and the taxpayers will ultimately be responsible for all remediation costs and the government definitely does not want that to happen again. What I think we could see happen is a partnership with the backing of local government whereas First Nations would have a financial interest in the mine going forward that would allow them to hire their own experts and have full oversight and participation in all future decision making.This type of solution would be a win-win for all parties concerned including shareholders.
Comment by Freezerburn on Jul 12, 2024 6:44pm
Well, historically that is NOT what happens in the Yukon. And out of money is out of money. And it sure doesn't sound like the 1st Nation is on side. AND the kind of deal needed to make this all go away is just not gonna happen.
Comment by HuskySW on Jul 12, 2024 6:50pm
Yes well said.  :)  Not sure of pressure but if it makes all parties work together, great. :) I beleive First Nations are and should be involved.  Chief Dawna Hope of the First Nation of Nacho Nyak Dun is well qualified. Best
Comment by nincompoop on Jul 12, 2024 7:12pm
Well qualified...for what? Happening to be born in that neck of the woods?...great qualifications.
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