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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 Jul 12, 2010 7:21pm
414 Views
Post# 17263439

RE: RE: RE: RE: uplift

RE: RE: RE: RE: uplift
In the end, I suppose it will be better to own 30% of a working mine than 100% of a speculation. And as for the weirdness in pricing:
Bear Market: "Today VG drill results revealed 25 meters of solid undiluted gold 2 feet from surface. Stock down 5%"
Bull Market: "Twenty drill holes reveal absolutely no gold whatsoever, though CEO says he has some good ideas. Stock up 30%"
VG will work for longs; it was just over a year that shares were 5 cents and not long after it was 12 cents then Rob Mc got in and the sp doubled for us. When it happens it will happen quickly.
Bullboard Posts