Volcanic Gold Mines – Exploration Update At The Holly Project In Preparation Of Maiden Resource Estimate
Simon Ridgway, President and CEO of Volcanic Gold Mines (TSX.V:VG – OTC:VLMZF), joins us for an exploration and update a the Holly Project, in Guatemala, as well as on the Banderas Project, and 3 other Projects under option and review from Radius Gold.
We discussed how promising the drilling at the Holly Project has gone over the last year, but addressed the vandalism incident in February, that is now being addressed by the local and state municipalities, and charges are being filed against the aggressors. Simon is still very constructive on how things are developing at Holly and believes the best next step forward is to put out an inferred Resource Estimate in the next month, and show the community, all stakeholders, and investors how robust the project is, that a mill is not needed with 2 nearby projects that will have mills in operations, and that they are far above the water table and will not need much surface disturbance as it will be a high-grade underground mining scenario.
We wrap up by also reviewing that there are 3 more additional Projects under option and review from Radius mining, in addition to the Banderas Project where work on the social licensing, land permits, and ground work is still underway by the Volcanic Gold team.
Please email us with any follow up questions for Simon on Volcanic Gold at either fleck@kereport.com or shad@kereport.com.
Yeah would have been nice to had some shares a $1 ago….. Doc Jones mentioned finally finding a uranium play worth buying into again. Dare I add 2 and 2 and say he was an early buyer.
YUP! I spotted it a little over one week ago and thought I will wait but it just keeps piling higher. Lots of big players watching and buying in. Sometimes you have to let greed take over but you are damned if you do and damned if you don’t. DT
David Morgan – You Can’t Use Cash and Bitcoin is ‘Hijacked,’ the New Financial System Has Started
Stansberry Research – April 4, 2022
“The Russian invasion of Ukraine is about the “new monetary system,” says David Morgan, author of The Silver Manifesto and founder of TheMorganReport.com. “You certainly cannot rule out,” the beginning of the great reset if gold is used as a means of settlement for oil and natural gas, he tells our Daniela Cambone. A free society fringes on, “free money,” Morgan states, with apprehensiveness towards a coming digital dollar. If Russia carries out a new economy with gold at the forefront of transactions, “gold will be one of the most important parts of the monetary system.” Morgan continues to say that the trajectory of silver is, “very favorable today,” due to the fact that there will be a supply shortage to meet industrial demand. Inflation is based more on psychology, “than how much money has been printed,” and dictates consumer sentiment more than any other factor, he concludes.
Craig Hemke – Why Holding Silver Will Make You Rich
The Financial Brief – April 4, 2022
“In this video Craig Hemke talks about de-dollarization.”
Ira Epstein’s Metals Video (04/04/2022)
Technical Analysis, Gold, Silver, Copper, Platinum
GDX: Implications Of Strength In The Face Of Gold Weakness
Stuart Allsopp – Seeking Alpha – Apr. 03, 2022
https://seekingalpha.com/article/4499519-gdx-etf-implications-strength-gold-weakness
If anyone wants to get a peep at the shortsqueeze apes, pull up HYMC on Yahoo Finance and view all posts
The Banderas Project, I like that name! LOL! DT
A further drift down in gold will be good to use up dry powder from previous exit. Dreadful miner action considering fundamentals for the metal. Hopefully this bandaid gets ripped off rather than mess around.
ipt, pgm, and the rest of the touted junk, trying to stay solvent.
As usual, you show no respect for reality. Like it or not, the corrective action of the last month has been normal or better than normal and IPT has no concerns whatsoever about its solvency. It is cash flow positive (which improved 20% in 2021 vs 2020) and has $21M in cash and no debt.
Your options choices might require immediate further upside but the bullish technical picture does not.
https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=5&mn=0&dy=0&id=p04332726625
Sure as clockwork, you’re out with your genius on all matters.
Matthew, dumped the works Mar 10, took a leveraged stake with first dip, have nothing to complain about. Will likely do the same again as I said. That’s it. Missed zero.
Like they say, the trick is to buy low and sell higher, not to buy and keep buying lower hoping and waiting for higher.
People should be grateful that you share your despair because it probably provides a better buy signal than any this “genius” can provide. It sure has marked lows in the past.
Matthew,
I’ll let you claim the genius, as you have a constant need of affirmation. But my buy ins have proven positve, by dumping golds in the early March pop high, from the straddle taken of holding gold equities and shorting techs with puts into the new year, (regretted not holding these longer but so be it). This despair all posted here before.
As I said above,now sitting with some gold calls from Mid march low, and looking to add.
FYI, a commonplace sign of chronic narcissitic disorder is where an individual attributes their emotional disorder, whether despair or your other other quips, to someone else in order to cope. Look it up,
Sheeple, in their infinite need to be like the rest of the herd, are prone to pathologizing anyone who bluntly puts facts above their feelings. A fool by the name of Jody pulled that with me years ago just as I’m sure countless others have done quietly. Nevertheless, the truth remains the truth regardless of shallow opinions such as yours.
You took great liberties in both of your last two comments while I did not, as usual. Who’s the narcissist?
You’re the one throwing “genius” around which is why it is in quotes in my earlier reply. If you understood your language, you’d know that my usage goes against your accusation that I “claim the genius.”
If you were logical and reasonable, you’d know that I show the opposite of “a constant need for affirmation” since I put facts above all personal relationships here while virtually everyone else does the opposite.
Keep babbling incoherently if you must.
probably will go with additional long dated calls to those picked up with first Mar 10 splashdown. they’re surprisingly holding water especially gdx considering the slow going nowhere gold action and time price erosion.
Some of the touted penny junk might be a good alternative to options soon for a pop up.
With my initial posts above I stated what I thought of the market action, nothing about you. As is customary, you immediately react as you you know best.
And then you go with the sheeple thing, if they would only listen, I gather to your wisdom and insights.
I get a particular kick with your reactions (mindless condemnations) with past posts by Doc. How he apparently missed this or that with market calls, some like a decade ago, where you feel compelled to make the ‘sheeple’ aware of your wisdom at the time.
This one was priceless. A classic narcissist deflection of their own inadequacy on someone else.
Matthew
Mar 15, 2022 15:34 AM
If there was any chance that it’s a warning to the wise, I wouldn’t have called it silly.
Doc shouldn’t be “practicing” technical analysis in my opinion.
Reply
I was told a whiile back that the site hosts hold your contributions in high regard, and that’s fine. But there is likely a very small minority that don’t embrace them as you would like, so live with it.
Yes, I just might react when you spew lies about “touted” IPT being “junk” and “trying to stay solvent.”
I completely stand by my words about Doc and those less challenged than you know exactly why by now. He has yet to recognize a low, ANY low, and GDX went up 8% after that March 15th comment you just shared and is still 3.7% higher today.
You only come here to whine like a child, never to add anything of value.
Your classic, pathetic sheeple behavior makes me quite comfortable with my inadequacies.
Most of you here haven’t heard of Ivor Explorations, they became publicly traded a few months ago on The CSE-SYL-IVOR. They just announced another PP on Friday. There are 11.2 million shares outstanding. They took over The Apex uranium mine which was built in the late 1950’s. It supplied about half of all the uranium that came from Nevada at the time, and is very high grade. I downloaded this excerpt from the desk of Peter Grandich which explains what is going on, I found it to be very informative. Ivor has been drawing in some very prominent investors, and qualified staff. I hope you enjoy this. DT
https://petergrandich.com/2022/04/01/from-the-desk-of-peter-grandich-3/