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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 > Shareholders of VG
View:
Post by Random77 on Sep 25, 2024 4:33pm

Shareholders of VG

I am curious. At these gold prices should be something left in the bank, even if remediation and class action suits would cost 500 million dollars. If PWC would sell a few of VG mines, Sitca and Banyan later this year at reasonable prices or if they make joint ventures, this could generate a billion dollars. VG doesn't need to go under. 

However, FN wants to close all mining in Yukon and YGT does not care about biggest industries in the region. A very unique situation for investors. I saw it trading at Vitff.pk @ 0.35$ today, but it makes no sense to me with pinksheets tax laws. A recovery of VG trading again @ TSXis very unlikely, but not excluded. 

The whole situation should not happened at all with 68 fishes dead with no evidence for poisoning. I would spend the import of these fishes. The Canadian levels of water safety are insane, 500 times below the chinese and 20 times below drinking water quality levels for cyanide. To close a company for one only time exceeding the level even safe for fish is crazy.

There is very little hope for shareholders, but not zero.

Comment by Whateverrr on Sep 26, 2024 7:21pm
Tremendously Out Of Touch, IMO.  Woweee.  Still ???  VG was not dismissed and the mine shut down because of 68 fish, there was a heap leach disaster.  PWC could sell off some of the "VG Mines"   WTH are you talking about, I guess I need to go back and read the last RIP Power Point presentation to see where they had other mines producing.  They own some ...more  
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