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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
Comment by Tikinaganon Apr 30, 2007 9:18pm
147 Views
Post# 12700498

RE: support @ 14 cents

RE: support @ 14 centsI would be cautious about getting too technical about this stock. It is streaky and at times very thinly traded. It was .29 not that long ago and I picked up some more shares. In the big picture they have been methodically building their reserves and exploring for years. Maybe we should see where the current drilling takes us. It is ambitious but again methodical. I've met Tom Meredith a couple of times and he's seemed like a straight up guy who does his job year after year. I think the payoff will come.
Bullboard Posts