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Vulcan Minerals Inc V.VUL

Alternate Symbol(s):  VULMF

Vulcan Minerals Inc. is a Canada-based precious and base metals exploration company, which is engaged in mineral exploration on properties in Newfoundland and Labrador. Its projects include Colchester, Gander Belt Gold, Red Cross Lake, South Voisey’s Bay, Carbonear and Atlas Salt. The Colchester Copper Gold Project is in north-central Newfoundland. The Gander Belt Gold Project extends approximately 100 kilometers from the north coast of Newfoundland to the south-central part of the island. The Red Cross Lake project is located in central Newfoundland and comprises 102 claims approximately 2,550 hectares. Its South Voisey’s Bay nickel-copper-cobalt project located in Labrador. The Project comprises three licenses containing a total of 30 claims. It also holds an interest in Atlas Salt Inc., which is carrying out a feasibility analysis on its Great Atlantic salt deposit in western Newfoundland, strategically located in the robust road de-icing market of eastern North America.


TSXV:VUL - Post by User

Comment by Luckierjack2on May 24, 2022 2:23pm
180 Views
Post# 34704338

RE:RE:No Secret 'Bout VUL

RE:RE:No Secret 'Bout VULThat was a big mistake for Vulcan not to send out a press release on the Atlas Salt press release.  At $2.00 that works out to about $58 million of SALT on the Vulcan balance sheet.  That works out to $0.52 per share just for the SALT.  What is the royalty worth?  

Management needs to get ita act together.   This is so undervalued!!!!!

JMHO

LJ
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