Volcanic Gold Mines Inc T.VG

Primary Symbol: V.VG Alternate Symbol(s): VLMZF

Metals & Mining Gold

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.

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Volcanic Gold Mines Inc

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Comment by bitwiton Jan 19, 2015 11:35pm

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Post# 23337775

RE:RE:Major investors

CanWllSttJr wrote: I invested because Sprott had 30% of it with his personnal fund. He's out there telling everyone he's got 80% of his portfolio into precious metals.

I seriously doubt hes put 30% of his personal wealth in Veris. I was looking through some of the bankrupcy documents and Sprott wasn't listed as a secured creditor. So he is likely taking a hit in the pocket book too.

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