Victoria Gold Corp

Victoria’s transformation and growth has been significant over the past twelve months, including the completion of two major corporate transactions adding a total of 4.4 million ounces of gold that are National Instrument 43-101 (“NI 43-101”) compliant to the Company, and successfully completing the Phase 1 drill campaign at the Helen Zone located at the Cove project in Nevada, USA.

Hi, here's an interview with Chad Williams, shows exactly why to invest in VIT..

http://www.proactiveinvestors.com/companies/news/7007/chad-williams-ceo-of-victoria-gold-corporation-talks-about-finding-gold-at-us50-an-ounce-and-peak-gold--7007.html

Highlights of the interview in my opinion:

- Helen Zone at Cove will grow in size. Exploration potential is fantastic. Very low risk.
- Within a year we should be in production there for 80,000 ounces per year
- Eagle project is a simple project also, 170,000 ounces will be production per year
- Eagle project will grow dramatically in size. It will eventually be 8-10 million ounces in size
- With 250,000 ounces production our market cap should be over a billion dollars
- We as management feel that the potential of Santa Fe is double the company's entire mineral inventory on one project alone
- We don't need the gold price to rise significantly to see a rise in our share price. When Cove will go into production and Eagle into feasibility and eventually production, our gold should be valued at 300 dollars per ounce

This interview shows the huge upside of the company and made me buy into it's projects.

GLTA

Cruisie

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cruisie
City
Amsterdam
Rank
Treasurer
Activity Points
592
Rating
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Date Joined
04/22/2008
Social Links
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Victoria Gold Corp
Symbol
VIT
Exchange
TSX-V
Shares
496m
Industry
Metals & Minerals
Website
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