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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 Jan 15, 2015 7:54pm
199 Views
Post# 23325849

Looks like the fat lady has finally sung

Looks like the fat lady has finally sung Even though the mines and mill are still in operation, it looks like we have run out of time. I always felt this company was a few dollars short and a year behind time. I think had they been able to get things off the ground a year prior, with the price of gold up etc. they may have made it. But at last the endless disappointments and set backs as well as the fall in the price of gold took their toll. So we are in the CCAA process now and it would be nice if they could sell as I believe there are interested parties out there. But if that doesn't pan out .. so to speak :-) by around the end of the month, we may be looking at an auction date in shortly there after. Has been an interesting and costly ride, luckily I made some serious money on the first round, too bad I chose to re invest at a later day but .... life happens ! Best of Fortune to all .... Gerry
Bullboard Posts