Victoria Gold Corp VITFF

Yukonomist: The last of the hard-rock mines?

[SWHusky]

The knock-on effect of closing mines will likely be considerable.

https://www.yukon-news.com/opinion/yukonomist-the-last-of-the-hard-rock-mines-7475383

And now this.  2 chinook make through the ladder.  Apparently a cause for clebration.

https://www.yukon-news.com/news/as-first-chinook-salmon-reach-whitehorse-concerns-about-populations-health-persist-7478207

imo

[saddlerack]

I'm not sure that all of the doom and gloom predictions are anything more than over reaction.  There have been environmental issues with mining in Yukon since the Klondike.  I seriously doubt that this will be the last.  I also have faith that John McConnell does not want this to be his legacy.  I'm sure that he and his team are going to get to the bottom of why this

[Larry60]

Over reaction????  VGCX is down 94% since the "event"............. market thingks its toast. youd think 2400 gold could save it, but market says otherwise........ Im still waiting for capitualation before buyin some as an option on not being dead. looks like i missed opp premarket... glta

[Zibo510]

It all comes down to financing, unless VG is able to raise $'s, current cash flow will run dry.

[Singoa58]

Smart money sold out on the dead cat bounce... this will drag on till the money is gone... can't imagine any lenders want to touch this ... it will be mothballed 

[Singoa58]

It's toast 

[Larry60]

Well, seems like VGCX management dithered instead of being pro-active........ CCAA woulda bought them a lot of time and room to manouvre..............now they are playin defence and shorthanded 2 guys.................