Velocity Minerals Ltd V.VLC

Alternate Symbol(s): VLCJF

Metals & Mining Gold

Velocity Minerals Ltd. (Velocity) is a Canada-based precious metals and copper explorer focused on Eastern Europe. The Company is in the business of acquiring, exploring, and evaluating mineral resource properties in Bulgaria. In Bulgaria, the Company has a 70% interest in the Tintyava property, which includes the prefeasibility-stage Rozino deposit. The Company also has a 70% interest in the Momchil property (which includes the Obichnik project), a 70% interest in the Nadezhda property (which includes the Makedontsi project), and a 70% interest in the Dangovo property (which is contiguous with the Makedontsi project). The Company holds a 100% interest in the Iglika copper-gold exploration property and entered into an option agreement with DPM, who have an option to earn a 75% interest in the property. The Company has also entered into agreements to acquire a 75% interest in the Zlatusha and Kalabak copper-gold exploration properties.

TSXV:VLC - Post by User

Velocity Minerals Ltd > Very quiet

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Comment by JenoB65on Mar 30, 2021 4:07pm

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Post# 32907895

RE:Very quiet

The only thing they are holding back is the stock price. No reason for it to go beyond $0.48 when insiders can buy it for $0.25. They have already double their profits. It's the dumb smucks like us that bought in the mid .40s that will have to wait for Dundee to put in an offer. Artemis has no interest. They only bought shares because Velocity is practically giving them away.

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