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Volcanic Gold Mines Inc T.VG


Primary Symbol: V.VG Alternate Symbol(s):  VLMZF

Volcanic Gold Mines Inc. is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties, focused on building multi-million-ounce gold and silver resources in under-explored countries. The Company has a 60% interest in two highly prospective gold-silver projects in Guatemala: Holly deposit and Motagua Norte project. The Holly deposit is an advanced-stage, high-grade gold-silver deposit with demonstrated underground mine potential. The Holly property straddles the regional Jocotan Fault which forms part of the 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Motagua Norte project has a bonanza-grade gold-silver quartz vein system. The Motagua Norte project covers an area of over 86 square kilometers (km2) land position. The Cirilo 1 exploration license covers an area of over 13.5 km2 and includes the Mila gold anomaly. The 72.68 km2 is under application for exploration licenses.


TSXV:VG - Post by User

Bullboard Posts
Post by davey2018on Jun 06, 2006 3:57pm
359 Views
Post# 10953565

Take the money and RUN

Take the money and RUNIt's is very clear that we have and are seeing a correction of some magnitude, but the fact still remains that this company has just raise 3.6mil and registered a 43-101 and on a spec basis, has more than likely been in some discussions regarding a merger or takeover.. Again, even with this climate, with all that is working in this company's favour, I find it hard to understand how they still have no support, no BOX to stand in when the stock falls 16.7% on a lousy 37,500 stinking shares. This is not only embrassing, but also depletes all confidence. If Meredith had any self respect, he would have dealt with this long before now.If he does not realize that if and when this stock catches a bid, there will be a hell of a lot of stock for sale. At the very least they should make a statement supporting their position. I hope I never here the excuse that all juniors are under pressure..This stock should have moved a lot higher from the beginning, and should still be trading a least double where it is now..It is starting to resemble a PUMP & DUMP.
Bullboard Posts