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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
Post by MrGRPon Dec 11, 2012 8:02pm
305 Views
Post# 20716230

New photos of Jerrit Canyon

New photos of Jerrit Canyon

https://www.verisgold.com/s/Jerritphotos.asp

What Mr. Downer forgets is that he lives and dwells in the past but VG is looking to the future. Soon Starvation Canyon mine will be open to add more gold to the production numbers and lower the cost of production.

Add to that a couple of toll milling contracts and we should be generating over 100M free cash flow. That makes those numbers look small ...

As always, you can't rebuild a mill and open mines without expenditures. Downer not only lives in the past but also in laaaa laaaa land !

While VG moves onward and upward, ever forward in building and increasing production, Downer remains living in the past and is obviously not capable of moving on.

Bullboard Posts