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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 > CCAA or BIA
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Post by Oregonduck on Aug 16, 2024 6:00pm

CCAA or BIA

I said weeks earlier, the Co needed to file under CCAA protection to give themselves time to reorganize and stop the petition for bankruptcy under BIA.  Although getting out of CCAA proceedings would likely end up with a huge rollback in shares with creditors getting a big chunk of the new shares. At least, shareholders would not be totally wiped out under BIA bankruptcy. The gold is there. 
Comment by SWHusky on Aug 16, 2024 8:09pm
duck, Totally true! There is so much here that STINKS, it's beyond the pale that any Yukoner has ever seen. Sad days Indeed.
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