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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 > Follow the money, absolutely!
View:
Post by KenoHillYT on Sep 16, 2024 3:30pm

Follow the money, absolutely!

As Badger pointed out.  Follow the money, absolutely!

Professionals have liability insurance, so do contractors, in fact for most projects insurance coverage is a must and is part of the bid package.

All the taxpayer money that's going to be spent to make an "example" of this mine is a waste.  The  money would have been better spent helping the disaster not as it now comes out a net result of slowing down the cleanup.

Here are some inconvenient truths.

The harsh reality is now multiple dunning reports are being "exposed" by YTG, etc. that perhaps the actual VG operations caused the collapse or were the pre-cursor.
 
If the argument is going to be, "it's all sites fault", then one can also say that it is also the responsibility of government, engineering, consultants, safety, etc. to engineer out the "site" faults.

Unless YTG, EMT or FN come with proof of deliberate actions and proof that JM and the c-suite deliberately sabotaged the mine and instructed mine management or subordinates to cause a mine failure that's where that ends.  It would certainly be a Canadian first if JM and the c-suite where summarily hauled off to court and then convicted with everyone else being let off scot free to practice some more.

Media or apparent comments by employees in the past few months:

Cats doing bumper car activities or equiv on the heap and not reporting
Drugs - Smoking pot on the job well in some cases you can I'll let you figure that one out)
Cocaine, etc - snorting, licking, injecting or whatever is illegal, deal with that and you'll be responsible for rehab
Harassment  complaints, something about a Disneyland of Drugs, OK HR you have some explaining to do
Illegal sprinklers on the heap face, really there must have been a lot of people seeing that
Cats hanging around on the heap edge, why? Nothing better to do?  Perhaps they were in fact instructed to do so by engineering or some report?
Water license issues - YTG and EMR let that proceed and now are releasing the nasty, why?


It's amazing what people will come up with.  In fact I would not have been surprised if this had all fallen through the cracks except that fisheries got involved. ;)

Comment by givemeabreak1 on Sep 16, 2024 7:04pm
Keno I am not sure what experience you have in developing a project and liability insurance so I will keep this simple.  So a few years ago I built a new home for which I had to have while under construction project insurance.  The minute the project is signed off on the insurance ends.  
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