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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 MrGRPon Jun 13, 2014 2:04pm
294 Views
Post# 22658451

RE:RE:RE:RE:RE:RE:RE:RE:RE:People are too dramatic

RE:RE:RE:RE:RE:RE:RE:RE:RE:People are too dramaticThe bank is just doing what banks do .... are they evil for doing what they do... I guess it depends which side of the fence you are on. To some banks manipulate gold and the stock market and are hated by many, to some they are a tool to be used to make money by. 

Veris signed the deal and did or had to default, DB could have given them a break, second chance  but chose not to. Their choice. 

Probably for one of two reasons, they were getting out or resourse loans or 
they were greedy and tried to make a play for all ... that is what banks do ...

Either way what is done is done, no doubt not the way DB wanted to see it go but regardless the way it did go. 

What happens next .... stay tuned .... 


Bullboard Posts