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 > News out this afternoon

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Comment by Quailmanon Apr 08, 2022 5:02pm

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Post# 34589339

RE:RE:News out this afternoon

You make a very good point. The bulk of this company is made up of large experienced shareholders that do not seem to be worried about current price. Ryan Beedie has 69+ million shares and is probably more worried about the weather this weekend. Artemis seems to be Ok with their 50 million piece of the pie too. Correct me if I am wrong but there is only 160 million shares. I most certainly would not short this. This post has got me thinking. I welcome any comments. GLTA

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