Victoria Gold Corp VITFF

Receivership ending at Yukon's abandoned Wolverine mine

[SWHusky]

, gov't now looks to closure, remediation.


I'm getting the picture of how the first tranche of 50m$ YTG front money for PWC to deal with VG Eagle was calculated. ;)

PwC discharged after five years.

"The Yukon government, according to Thompson, has spent approximately $42 million on activities at Wolverine to date."

https://www.cbc.ca/news/canada/north/receivership-wolverine-mine-pwc-discharged-1.7116781





imo

[GoldenPolarBear]

I agree with you and this gives us all a clear picture of the direction of this financial disaster that the Yukon government has created. PwC must be ecstatic and will highly profit and very little will be accomplished for the next decade... imho "... gov't now looks to closure, remediation. I'm getting the picture of how the first tranche of 50m$ YTG front money for PWC to

[givemeabreak1]

I am a loss of the comparison of the two projects.  One was a financial bankruptsy that created an environmental problem the other was an environmental problem that created a bankruptsy??? That said, it might give you a good idea of financial recovery..... If I remember correctly Wolverine ended with some 230 plus million in debt and lenders got just over .10 on the dollar!  Again, I

[oilgenious]

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