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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 talkswitchon Feb 15, 2014 1:27pm
317 Views
Post# 22214088

RE:RE:good post

RE:RE:good post
if sb fixed up and painted a 20 years old car, and tell you that it would be a good bargain to buy it, because there is potential for u got new car value from it. most people would say f**k off. people have common sense dealing with biz of few thousand dollars. they know it would cost more on old cars in the end. here we have a aging mill. many people, including me 10 years ago with quesstake, believed that put 50, 100 million to fixed it up, there is potential to get 1 billion$ pay back.  there is no such thing on this earth. aging mill only costs more, not less. i did not get fooled the second round with YNG and out of there with big gain. now is the third round with VG. after 10 year of failure, I'm not sure if they could find another deep pocket french banker, like the one who made me rich. if they did, new financing could wipe out all current shares. it is better to wait a while . maybe a year or 2, until they finished few rounds of financing.  you never know when is the best timing, but missing opportunity is not a problem, losing money is
 
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