Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 MrGRPon Jun 05, 2014 2:37pm
204 Views
Post# 22634459

RE:RE:RE:RE:RE:Local News

RE:RE:RE:RE:RE:Local News Interesting feedback and thanks for yours .... couple things I wonder about though ... 

IT could be that DB has a third party in mind but I am not conviced that this is that much of a big deal to them, in the scheme of their operations and issues, that they have had people assign to this to go out and explore and find posible third parties that are interested. But one never knows. 

But also Barrick, Newmonth or Kinross have never shown an interest before. The could have probably had it it for a song and a dance, so to speak, when operations were shut down, had been for a long period of time and the stock was facing delisting. The probably could have also made a play on it along the way but have never seemed to show an interest even though many thought they might. Not sure they want or need these issues as they both have enough of their own right now, but again never know. 

As for SMD ... not willing to put much weight on those rumors and have not heard that before

You sais ". Sprott could also be a player here, but why would he deal with DB if he has already sunk so much in Veris stock?  If DB takes over the mine, all those investments are wasted.
But what does he have if DB does take over the mine ? are all his investments not also wasted ? 

Food for thought though .... and interesting to speculate and see how things play out. 


Bullboard Posts