Velocity Minerals Ltd V.VLC

Alternate Symbol(s): VLCJF

Metals & Mining Gold

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

Velocity Minerals Ltd > Very quiet

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Comment by Quailmanon Apr 17, 2021 12:14pm

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Post# 33017191

RE:RE:Very quiet

As I understand it Artemis invested about 13 million in Velocity back in March 2019. If I can recall it was at 17 or 18 cents. In my opinion it seems like Artemis has a very real interest in Velocity. Exercise of a convertible debenture seems like a thumbs up. Gave them some cash to derisk by drilling even more. Has there been a bunch of insider selling?? I can wait a little longer.

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