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Sign in / Join NowVictoria Gold (OTCPK:VITFF) has been hailed as the next Yukon takeover target ever since Kaminal Gold was acquired by Goldcorp (GG) in 2016. The C$500M construction financing package announced for the Eagle gold project on March 8 has effectively put an end to this takeover speculation and cheap iphone Cases has put Victoria Gold on a path to becoming an independent gold producer within a couple of years. In actual fact, we submit that little if any upside remains for shareholders in the wake of the financing; and risks have in fact increased rather than decreased due to the onerous conditions agreed with the lenders.Consequently, we expect the share price to resume its downtrend in the foreseeable future as project lenders have set themselves up to reap most of the potential rewards offered by the Eagle gold project.
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