Replies to post #209 on Victoria Gold Corp (VIT)

[Gatsby]

Waht a 8M for Victoria.
This is now a total different stories. Waiting for next exploration results and then for the Financial statements. 2Q won't be the impressive one but the following, the 3Q with POG at around 1900-2000 should be great. For reminder AISC for Victoria should be around 800USD*oz and around 1000 for the first one-two years (until full efficient production and debt decrease).
With a targeted 200-210K yearly production... let's say 16-17K/month...we are speaking about huge free cash ! 14-15M free cash each month.
Victoria has already make a 10MUSD debt repayment in advance...

target price is 25-30 usd by end of year if POG stays steady.