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Bullboard - Stock Discussion Forum 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... see more

TSXV:VLC - Post Discussion

Velocity Minerals Ltd > DPM says they want the ore from VLC
View:
Post by napoleon100 on Sep 15, 2021 11:39pm

DPM says they want the ore from VLC

https://produceredition.webcasts.com/viewer/event.jsp?ei=1469266&tp_key=54209afc3d
CEO of DPM from 35:35
He says VLC is only 20km from Ada Tepe, they need the ore, so they will look for either a partnership or ownership of the asset.
And yet VLC's share price is not moving?
Comment by Swl1896 on Sep 16, 2021 8:00am
The problem is nobody else wants our ore.  DPM is in the driver seat.
Comment by napoleon100 on Sep 16, 2021 11:17am
We also have ARTG as a large shareholder, so DPM will need to pay a proper price.  Alternatively, Rozino can be built by VLC, and use Gorubso's CIL plant. Steven Dean has built Atlantic Gold and now Blackwater, so can't imagine Rozino is a problem. 
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