Victoria Resource Corp | StockChase
10
Victoria Resource Corp (VIT-X)

Last Price Recorded: $0.4250 on 2017-12-14

ON STOCKCHASE SINCE Nov 2004

metal mines
10
Victoria Resource Corp (VIT-X)

Last Price Recorded: $0.4250 on 2017-12-14

ON STOCKCHASE SINCE Nov 2004

metal mines

Victoria Resource Corp


Signal Opinion Expert
DON'T BUY

It is infrastructure challenged.  He does not have the courage to own it.

metal mines

It is infrastructure challenged.  He does not have the courage to own it.

metal mines
Rick Rule

Pres. & CEO, Sprott USA...

PricePrice
$0.500
Owned Owned
No

COMMENT

Really a torquey name. It is not a producer of gold. Not for the faint of heart, because it is an explorer/developer, and probably is not going to have anything built for several years. He doesn’t put this high on the list of being acquired.

metal mines

Really a torquey name. It is not a producer of gold. Not for the faint of heart, because it is an explorer/developer, and probably is not going to have anything built for several years. He doesn’t put this high on the list of being acquired.

metal mines
Dennis da Silva

Managing Director & Sr Portfolio Manager, Middlefield Capital ...

PricePrice
$0.610
Owned Owned
No

COMMENT

Thinks this has a future in the next cycle. It is a large deposit, but fairly low grade. Located in the Yukon which is a good jurisdiction. However, it has lousy infrastructure. Thinks it is fairly well run.

metal mines

Thinks this has a future in the next cycle. It is a large deposit, but fairly low grade. Located in the Yukon which is a good jurisdiction. However, it has lousy infrastructure. Thinks it is fairly well run.

metal mines
Rick Rule

Pres. & CEO, Sprott USA...

PricePrice
$0.660
Owned Owned
No

WAIT

This is a developer. If you are going to own a developer this has a deposit in the Yukon with 2.2 million ounces’ reserves, quite low grade at .8 g per ton. According to the engineering study they put out, it still looks like it will be a decent project with a good rate of return. What is interesting with this, is that when you have a low grade project and can make a go of it, and you find a little bit of high-grade, it goes quite a long way towards increasing the rate of return. This has happened in this case making it a potential acquisition. The stock price has been pushed up to what he considers unjustifiable levels. Wait for the euphoria to die off before stepping in.

metal mines

This is a developer. If you are going to own a developer this has a deposit in the Yukon with 2.2 million ounces’ reserves, quite low grade at .8 g per ton. According to the engineering study they put out, it still looks like it will be a decent project with a good rate of return. What is interesting with this, is that when you have a low grade project and can make a go of it, and you find a little bit of high-grade, it goes quite a long way towards increasing the rate of return. This has happened in this case making it a potential acquisition. The stock price has been pushed up to what he considers unjustifiable levels. Wait for the euphoria to die off before stepping in.

metal mines
Jon Case

Portfolio Manager, Sentry Investments...

PricePrice
$0.710
Owned Owned
Unknown

COMMENT

He likes management. They have been in the Yukon for a long time. The project is marginal right now. With a rising gold price they already have a feasibility study, so a lot of de-risking is done. He likes that they are doing more drilling and looking at other parts of their land package for more value. He is optimistic on this.

metal mines

He likes management. They have been in the Yukon for a long time. The project is marginal right now. With a rising gold price they already have a feasibility study, so a lot of de-risking is done. He likes that they are doing more drilling and looking at other parts of their land package for more value. He is optimistic on this.

metal mines
Joe Mazumdar

Editor & Analyst, Exploration Insights...

PricePrice
$0.230
Owned Owned
Unknown

COMMENT

Yukon.  He hopes they fail and that they can’t put it into production for 4 years when gold is higher.

metal mines

Yukon.  He hopes they fail and that they can’t put it into production for 4 years when gold is higher.

metal mines
Rick Rule

Pres. & CEO, Sprott USA...

PricePrice
$0.230
Owned Owned
Unknown

DON'T BUY

Large, low grade deposit in the Yukon.  He would go elsewhere for exposure to gold.

metal mines

Large, low grade deposit in the Yukon.  He would go elsewhere for exposure to gold.

metal mines
Brent Cook

Exploration Analyst & Geologist, Exploration Insights...

PricePrice
$0.155
Owned Owned
No

HOLD
Victoria Resource Corp(VIT-X) 

December 11, 2013

Incredibly cheap. Its cash is pretty close to its Market Cap. Have about a 500,000,000 ounce resource where there have been studies and feasibilities on it. If you own it, keep it in the closet for brighter, sunnier days, because these things will not stay down here.

metal mines

Incredibly cheap. Its cash is pretty close to its Market Cap. Have about a 500,000,000 ounce resource where there have been studies and feasibilities on it. If you own it, keep it in the closet for brighter, sunnier days, because these things will not stay down here.

metal mines
Charles Oliver, HBSc CFA

Senior Portfolio Manager, Sprott Asset Managem...

PricePrice
$0.090
Owned Owned
Yes

COMMENT
Have a number of plays in Canada and USA. Just coming out of the speculative stage.
metal mines
Have a number of plays in Canada and USA. Just coming out of the speculative stage.
metal mines
Charles Oliver, HBSc CFA

Senior Portfolio Manager, Sprott Asset Managem...

PricePrice
$0.990
Owned Owned
Yes

BUY
Interesting drill resultsin Nevada.
metal mines
Interesting drill resultsin Nevada.
metal mines
John Embry

President, Sprott Asset Managem...

PricePrice
$1.250
Owned Owned
Yes

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