uranium play. company should find it a jv. In response to recent unusually high trading volume, Vulcan Minerals Inc. has stated that there is no material change to the company's affairs.
The company is currently completing compilation and evaluation reports on its TL nickel-copper-platinum-group element property in Labrador and its uranium property in the Athabasca area of Northern Alberta. It continues to review possible project acquisitions. Its subsidiary, Red Moon Potash Inc., is completing planning and permitting work for a 2014 drilling campaign in western Newfoundland for potash and salt, contingent on financing.
The company currently has approximately $3.6-million in cash assets (on a condensed basis) and no debt with 58,526,129 shares outstanding.
market cap less than its cash value. massive insider buying