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Velocity Minerals Ltd V.VLC

Alternate Symbol(s):  VLCJF

Velocity Minerals Ltd. (Velocity) is a Canada-based precious metals and copper explorer focused on Eastern Europe. The Company is in the business of acquiring, exploring, and evaluating mineral resource properties in Bulgaria. In Bulgaria, the Company has a 70% interest in the Tintyava property, which includes the prefeasibility-stage Rozino deposit. The Company also has a 70% interest in the Momchil property (which includes the Obichnik project), a 70% interest in the Nadezhda property (which includes the Makedontsi project), and a 70% interest in the Dangovo property (which is contiguous with the Makedontsi project). The Company holds a 100% interest in the Iglika copper-gold exploration property. The Company has also entered into agreements to acquire a 75% interest in the Zlatusha copper-gold exploration property. The Rozino project is situated within the in southeast Bulgaria's Ivaylovgrad municipality.


TSXV:VLC - Post by User

Comment by JenoB65on Mar 12, 2021 3:27pm
77 Views
Post# 32787365

RE:PDAC 2021! Great interview with Keith Henderson and C-TV !

RE:PDAC 2021! Great interview with Keith Henderson and C-TV !

I agree, this was a great interview. Jochen always asks great questions. What's the purpose of doing this if no one watches or knows about the project? (47 views on YouTube).  

How is it that Artemis has institutional investors investing in their project & we have no one? When do institutional investors start to take interest in a project like ours? Is there anyone marketing our project to institutional investors? There are only 2 analysts covering this project. What's the value of having an analyst cover us if no one is interested in buying in? 

Everyone talks about the value at Rozino with their prefeasabity study. NPV of $163 million & fully diluted at 183 million shares. We should be trading at $0.89 Canadian. On top of it there have been positive drill results at Obichnick & gold is trading $200 USD an ounce more than their base case gold price.

Yet why is our stock still so low? 

 

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