Victoria Gold Corp VITFF

One pony show

[Singoa58]

Why is this trading so high is what i like to know
.it has no value

[rkhosla]

I think simply because most of the sellers have sold, liquidity is not stellar, and in that setting shorts are covering.  Ie shorts are not leaving much of their profit on the table at this point so might as well exit positions.  Intrinsic value is nil here.  

[OCB1234]

VG has defaulted on its short term debt and all of its massive long term debt has been 'called in'. The company has no means of paying off that debt because they have no longer have a producing gold mine. As soon as VG runs through all of its remaining cash cleaning up the mess they caused, they will be forced to declare bankruptcy. 

[HuskySW]

This is all for entertainment only, has no real  basis, and does not reflect on anyones reality. It does not comment on any real events or people or refer to anyone now in existance or passed.  No opinion is presented or implied. So for your entertainment and amusement only Hmmm, possily but there are rules in regulations that can be brought to bear to gain time before insolvency is

[Singoa58]

They are burning through cash faster than my wife shopping at Target ...  Why are people buying at 65 cents?   The daed cat bounce has long gone by