Vulcan Minerals Inc V.VUL

Alternate Symbol(s): VULMF

Metals & Mining Industrial Metals & Minerals

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

Vulcan Minerals Inc

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Post by wajacon Jul 28, 2009 2:28pm

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Post# 16172477

wildcat well

Vulcan is drilling a wildcat well. There have been no major discoveries and there is no production in the area.$0However the geology and other factors indicate that the potential for a major discovery is good. Wildcat wells$0$0have apparently a 10 % chance of hitting. That's why the stock is trading at its current level and is so$0$0sensitive to rumours.$0

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