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 > From stockwatch-OT

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Comment by Swl1896on Dec 13, 2021 10:17pm

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Post# 34227570

RE:From stockwatch-OT

Watching VLC flounder lately this isn't a surprising connection. The venture has a lot of questionable characters. It does seem a bit sketchy overall ... Gold in Bulgaria. It's worse than a lottery ticket. It's like buying your lottery ticket from a squeegee kid.

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