Victoria Gold Corp VITFF

You are 100% right Husky

[mdjbrown]

Any shareholder hoping for Class Action has never been a part of one, as the only winner in Class Action is the lawfirms representing the suit. 

The only way everyone eventually wins here is if the fingers stop being pointed, and they get down to the business of remediating the slide, and reworking a site plan that will ensure this does not happen again.

If they use this accident as a learning opportunity, there is a chance all involved can benefit going forward with a greater appreciation and understanding of each parties needs.

[Singoa58]

 Well anyone buying this for the first time is hoping to hit the jackpot... honestly i think shorting it is the best play...

[OCB1234]

After what, apparently, happened in January coupled with this current disaster, I highly doubt anyone gives VG another bite at the apple. Another company, perhaps, but not VG. Even if they did, VG would have run out of money long before production @ Eagle ever resumed. 

[mdjbrown]

Thats the problem in a nutshell OCB, a lot of apparently out there but no facts. I have searched the Yukon EMR throughout, and if this slide in fact took place on January 17, they have fooled a lot of people associated with the mines goverance. Then add the supposed $30 million clean up cost, and these guys must be Houdini to hide this from so many agencies. All the other geo issues the

[Swingandmiss]

Mdj, based on what I have seen from this company over the last 10 years, to me it is more likely that the anonymous employees are going to turn out to be correct. How many times have we heard that they have no time lost due to injuries. Where there is smoke there is usually fire. They even said in the initial press release  after the slide that no injuries to report. Only to find out that

[mdjbrown]

Swing you could be right, but at the moment we dont know what is correct and what isnt. Not trying to minimize here, but this company would be one of thousands trying to stay off WCBs radar, as premiums are ridiculous.  With regards to the injuries reported, I have read an employee suffered a slightly sprained ankle and a dozer operator banged his head during the slide, but was able to talk

[OCB1234]

Well, the $30M associated with the January slide has now been made public and just another reason why, contrary to what I've read on this board about VG raising money, NOBODY will be willing to give them a red cent. 

[mdjbrown]

OCB, have the $30 million dollar remediation costs been officially made public by the corporation or the "source" that alleged it the other day. Could you please provide a link

[HuskySW]

Hi jbrown, There was a slip on Jan 17.  It was dry slip I believe?  Details slim....  The inpection report from what I gather was not released. “According to a Jan. 17, 2024, mine inspection report, ‘a slope failure occurred at the southeast area of the Heap Leach Facility (HLF),’ sloughing off 14,000 tonnes of crushed ore. The slide was later found to have damaged the heap leach

[OCB1234]

I thought HB found it buried in the Q1 Financials? Perhaps I got that wrong. Either way, it really doesn't matter. With no way of bringing in cash to pay off defaulted short term or called in long term debt, unfortunately, VG is a dying quail. The only thing keeping VG from trading below 20 cents is they haven't declared bankruptcy. Yet. Cut your losses to live another day. 

[Swingandmiss]

It doesn't really matter what the cost is. What matters is they had a landlslide in Jan which they hid from us. They have had workers injured and hid from workers comp. They hid a leak in the hlp. They did a flow through financing this year and never sent out a pr. They missed production numbers constantly and never explained why. They gave big John a huge bonus even though the stock was

[OCB1234]

Despite the three of us losing a small fortune investing in this company, Swing, Poop & I are still here in the hope of saving the remaining longs from losing everything. With that said, I will once again share a very simple math equation. I welcome anyone on this board to rebute any of the three elements of this equation. NO GOLD PRODUCTION = NO CASH = BANKRUPTCY

[Singoa58]

  As much chance as Biden defeating Trump its over with no cash flow...  I expect it to move on to the pink sheets soon

[HuskySW]

Right now if the alleged allegations of management ignoring what may be interpreted as criminal activity your equation is only a small part of the problem. For me this has always been an env. and techical issue that could be remediated and repaired.  This alleged manangement issue palces the mine into a whole different league. I have said all along whether short or long, swing hi swing lo

[Singoa58]

Lock em up and thowcaway the key

[mdjbrown]

Not delusional Swing as this is a huge mess for sure, but I just prefer fact over fiction. The Jan slide was reported and made public by the media back in Jan Direct quote from one of the site Safety Officers - "The incident in January involved a smaller failure than the one in June and was on a stockpile that wasn’t being leached." That definately did not cost $30 million and