Lundin says buy Volta Resources
Volta Resources Inc (C:VTR)
Shares Issued 155,370,363
Last Close 12/27/2012 $0.49
Thursday December 27 2012 - In the News
Brien Lundin, in the November, 2012, edition of the Gold Newsletter, says buy Volta Resources Inc., recently 60 cents. Mr. Lundin said buy Volta's predecessor, Goldcrest Resources Ltd., three times between January, 2006, and September, 2007, at prices ranging from 21 cents to 49 cents. Goldcrest merged with Birim Goldfields Inc. to form Volta in 2008, and shareholders received one Volta share for every three Goldcrest shares. The editor said buy Volta five times between May, 2008, and May, 2012, at prices ranging from 59 cents to $1.17. Assuming an investment of $1,000 for each buy, the $8,000 position is now worth $5,216. Volta has released an initial resource estimate for the Kiaka South deposit, on its Kiaka project in Burkina Faso. It estimates 118,000 ounces of gold, measured and indicated, and 5,000 ounces of gold, inferred. The company has also released assays from the project's Kiaka Central target, including 249.55 metres of 0.86 gram per tonne gold and 170.5 metres of 0.83 g/t gold. Mr. Lundin says given the Kiaka project's total resource so far, as well as its exploration potential, the stock is undervalued. Buy Volta at currently low price levels, before investors realize their oversight.