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Bullboard - Stock Discussion Forum 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... see more

TSXV:VLC - Post Discussion

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Post by Swl1896 on Nov 30, 2021 12:53am

Drilling

Reading over the current information provided on Sedar it is not clear if any drilling is happening.  Looking at their balance sheet it would appear that very little is being spent to prove anything else or expand rozino.  Either a deal us in the works or they are content just sitting on their gold for the time being.  Certainly no urgency is indicated here.
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