Vulcan Minerals Inc V.VUL

2 million shares traded today

[JohnCabot]

Volume is very heavy, price hasn't moved. I can't recall this volume ever!

[topoftheridge]

volume precedes movement, which way ? up or down?

[JohnCabot]

Exactly, I would have expected a move one way or the other. Annonymous was the big seller. Time will tell.

[Copperking102]

I suspect the price of nickel might be the interest. The Red Cross Lake project is a primary base nickel deposit. I heard today that nickel was selling for $100k per ton. Nice...

[JohnCabot]

Maybe it is about Red Cross Lake. There are drill ready targets, It's their best property as far as I'm concerned. They have the money, they need to secure a drill, and the speculation will start. Perhaps it has already!

[lifegoeson]

Copperking, there is so much going on with VUL, I am surprised that price is down here. I suspect most of the paper from below is out of the way, and the big day earlier this week looked like someone wanted a position as quick as possible..... just think, $13 M in the bank, 28 M shares of SALT, and options cut at $0.30..... must be almost no downside.... SALT is pushing up in price today (they are

[JohnCabot]

Volume heavy again today, not quite as high as yesterday. It's not panic buying or selling, not sure what to make of it!

[general360]

it's a head scratcher fer sure!  small float, tightly held...we haven't seen volume like this... ever?  i'm struggling to understand why we're trading multi-million shares for a few days and the share price is pretty much not changing.... i did also note that fwiw the short position was not fully closed but was closed down by what, about 75%?  leaving 37977 shares