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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 Copperking102on Dec 31, 2022 1:29pm
215 Views
Post# 35198494

RE:new year

RE:new yearWith VUL, it's really all about SALT and the takeout price they gardner. I suspect it will be bought out for at least a billion dollars US. Fully diluted, our 32 million shares would be worth about $350 million, or better than $2 share US. Now, add in the TPR holding, the other properties and their NSR's, along with the SALT NSR,3%, you could have a 10 bagger that will be paying an ongoing dividend of upwards 10% in perpetuity based on todays share price.
Not bad for a stock you can buy for about $.25 US......
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