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Bullboard - Stock Discussion Forum
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.
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TSXV:VLC - Post Discussion
Velocity Minerals Ltd
> $0.05 Coming
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•••
Swl1896
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Post by
Swl1896
on Jan 18, 2022 2:22pm
$0.05 Coming
Must be a poor update coming. Expansion at Rozino uneconomic.
(0)
•••
Risktaker1
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Comment by
Risktaker1
on Jan 18, 2022 3:49pm
Hopefully they find more gold, but it's not looking good. Unfortunately, not much reported based on all the drilling that was supposed to happen. Don't think they did as much as they were hoping? I wish management was a little more transparent. Investors are tired of hearing the same thing over & over. Unfortunately Dundee has not invested any more. That tells a lot
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