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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 Tooton Sep 23, 2010 3:13pm
283 Views
Post# 17485219

RE: RE: JP

RE: RE: JPrelax JP...  I was just mentioning you're obvious disadvantage in supporting your analysis.

An experienced poster would not put themselves in the position of eating their crystal ball glass.

To be honest, I back checked your claim, and it came up NFG. VG is marching to it's own drummer.

Back fill like we are experiencing has been consistent since it broke out in June at .26 cents. we get a puff of pop, not enough to make overhang... but building on support... these small spurts can take a long time to fade for no reason at all, just the dynamics of trending... We do however have some good fundamentals to support a move into the .50 cent area and higher.

This is a watch, wait and see... then we can talk hindsight. But if history is correct... as you like to have faith in... then we are moving into the .50 cent area... that call is based on your methodology.
Bullboard Posts