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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 Mar 26, 2008 6:36pm
318 Views
Post# 14840865

RE: we do we go from here

RE: we do we go from hereYes, there is an old story here that has been around for years - Timmins Gold Camp zillions of ounces in the ground etc. We need something more pragmatic: we have x ounces in the ground, we are x from this permit and x from that. We will start mining by x and expect to make x$ from it. That would go a long way towards valuing the company and letting investors know what they are doing. Current strategy, look at the stock price: hello! not working!
Bullboard Posts