The following excerpt is from a interview with Alka Singh, Resource Analyst back on November 13, 2012.

It summarizes why investors continue to like the Volta story.


I also like Volta Resources Inc. (VTR:TSX). The company has the Kiaka project in Burkina Faso. It has over 5 Moz of NI-43-101-compliant total gold resources. The company just put out its prefeasibility study and is now in the feasibility stage with those results to be announced in Q2/13. We like Kiaka because it's a big, low-grade, bulk-tonnage deposit. There are very few deposits in the world that have over 5 Moz, and this falls in that category. We like the management of Volta and think that Kiaka will become a mine over the next three to four years.

AS: Burkina Faso is a democracy, very similar to Ghana. It did have some labor issues earlier this year, but those have all been resolved. IAMGOLD, SEMAFO Inc. (SMF:TSX; SMF:OMX), High River Gold Mines Ltd. (HRG:TSX) and Avocet Mining Plc (AVM:LSE) have operating gold mines in Burkina Faso. There are six producing gold mines in Burkina Faso right now. I think it's actually a politically safer jurisdiction than many of the other African countries.