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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 > It doesn’t have to come to this!
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Post by Oregonduck on Aug 15, 2024 3:04pm

It doesn’t have to come to this!

On day one, the CEO and the Board should have been proactive and not go AWOL. They could have filed for CCAA bankruptcy protection to give them time and breathing room to deal with the disaster. They might have save the Co and successfully claimed the insurance on its $104 million policy due to engineering negligence not of their own making. It comes down to heap contractor's negligence for the failure of the Co.
Comment by SWHusky on Aug 15, 2024 3:41pm
duck, The silence has been deafening and unless JM and co.  have something in the wings, VG is going to get hammered. I've said since day one the C-suite did not build the thing, but I haven't seen any pushback, other other than a claim of 3rd party investigations.  Does c-suite not understand while VG is doing investigative work, YTG and co. are dropping the hammer at every ...more