PINL:VLTAF - Post by User
Comment by
Bottleson Apr 30, 2012 9:46pm
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Post# 19854566
RE: RE: VTR mentioned
RE: RE: VTR mentioned "Especially the part about synergies between Orezone and Volta's gold deposits that are basically across from each other."
One can't help but look at a map.
Volta will have a report coming out shortly (or eventually) and Orezone will have a feasibility study on Bombore sometime in Q412. Til reports are completed and additional exploration undertaken by year end, I think both concerns will simply keep a close eye on the other. Even so, and if actions speak louder than words, the recent swap with Randgold has Yibogo, Nakomgo and Tanema north of Kiaka and in closer proximity to Bombore. Consolidating properties in and around Kiaka aside, those properties are also important should VTR and ORE ever opt to merge. Right now, however, I think VTR is more curious as to what south Kiaka holds. If I'm not mistaken, the CEO in the presentation indicated south Kiaka to be a "possible game changer" (or words to that effect). Unless corrected, those drill results are due out either late May or early June. Admittedly, however, things are apt to get interesting. Especially when it looks as though the Junior market has bottomed and these bargain basement prices will not be around that much longer.