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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Volcanic Gold Mines Inc T.VG


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

Metals & Mining Gold
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

Volcanic Gold Mines Inc
Bullboard Posts
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(13)
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Post by Tikinaganon Sep 25, 2008 7:38pm
452 Views
Post# 15485462

by the book

by the book
I don't know how many of you saw the S&P research but one number caught my eye if I recall correctly. Book Value - .28c     So VG is selling right now for less than 1/3 book. Last time I made money on VG it was selling at 3 and 4 cents a share. It also seems quite liquid right now; I have had no problems putting through reasonable limit orders. Do you really think with its assets in a 20 gold bull run it's going to stay below 8 cents? Stay long folks....
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities