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Bullboard - Stock Discussion Forum 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... see more

TSXV:VUL - Post Discussion

Vulcan Minerals Inc > RMK trading at $1.30
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Post by lifegoeson on Jun 29, 2021 10:08am

RMK trading at $1.30

Everyone has been talking about the number of shares VUL owns in RMK and what that could mean for shareholders. I suspect only good can come of this.... how much more trading can VUL take at these levels before the price moves higher. VUL just raised $4M, along with Eric Sprott. They own over 28 M shares of RMK which is trading today around $1.30, thus if they can sell any portion of their shares, it will add significant cash reserves to their already $4M raise.
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