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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 JenoB65on Dec 01, 2021 10:45am
56 Views
Post# 34184846

RE:Sad start

RE:Sad start

I don't think Keith Henderson is too worried. He's still getting $300,000 a year salary even if this drops to $0

He's ok with it going sideways or dropping. He's got no skin in the game.

This is a dead stock. Management & directors are doing a piss poor job. 

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