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Velocity Minerals Ltd V.VLC

Alternate Symbol(s):  VLCJF

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

Comment by loonietuneson Jul 23, 2021 10:23am
59 Views
Post# 33595714

RE:DPM

RE:DPMMorning Swl1986  The 2 analysts that cover the stock both have a buy rating on it, the low end is .90 the high end is 1.08?  Fair value according to RBC is .52, on a lighter note at least the weak hands appear to have left the building.  It seems the .47-.48 is the line in the sand?  Hate to say this but VLC is holding up better than a number of my other penny good thing it's a small position.

Have you dropped a line to the IR lately?  I tried to earlier this year but got no reply.  Sometimes they can offer an explanation as to what might be going on-also Bulgaria is not usually a go to location for jr. miners.  Just a thought?
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