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Volcanic Gold Mines Inc T.VG


Primary Symbol: V.VG Alternate Symbol(s):  VLMZF

Volcanic Gold Mines Inc. is a Canada-based company, which is principally engaged in acquisition and exploration of resource properties. The Company’s projects include Holly project, Banderas project, and Motagua Norte prospect. The Holly project is located in eastern Guatemala in a terrain with gold-silver mines and deposits. The Holly property straddles the regional Jocotan Fault which forms part of the Motagua Suture Zone, 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Banderas Project is located in Guatemala and has a caldera and rhyolite dome complex with gold-silver-rich epithermal veins and breccias extending over nine square kilometers. The Motagua Norte has approximately 240,000-hectare land position. The Company’s subsidiary is Recursos del Golfo S.A.


TSXV:VG - Post by User

Bullboard Posts
Comment by cnynmanon Jun 03, 2013 4:29pm
118 Views
Post# 21477412

RE: RE: RE: RE: ATNA

RE: RE: RE: RE: ATNA

The only outstanding value in the 'mill' is the roaster. But has anyone really seen any genuine performance data since the big rebuilding and new emissions changes. For instance, I've found no hard, honest numbers on head grades vs. recovery.  The mill and the roaster seem to function at only partial capacity, and then only for short periods between break downs or shut downs. 

These guys have a history of big talk, but can they actually demonstrate that the roaster is capable of performing as they say?  Without knowing what they're actually putting in the thing, (head grades and tons) who knows what recovery really is, or whether emissions are really meeting revised state standards.

Bullboard Posts