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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

Bullboard Posts
Post by Laphroigon Nov 12, 2019 8:50am
181 Views
Post# 30338979

Tiny Float

Tiny FloatKeep in mind that Laracy has protected the company's value for over 20 years with creative licensing deals and option agreements. Of the 61M shares outstanding - 20M are held between Laracy and a long time primary shareholder. The float here is at the most 40 M - less any shares that long time believers in this co. won't sell for a long time. My guess is there are 20M - 30M shares available at the most.
Bullboard Posts