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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

Post by CopperKing101on May 16, 2021 4:01pm
281 Views
Post# 33211701

Undervalued

UndervaluedWith our 42% ownership in RMK alone, the $ value in VUL is worth $.35 a share. That credits nothing for the cash, other properties, or investments in other companies like Sassy, who's also on the hunt for gold in Newfoundland. In the North end, as MAE starts their new mill, we sit right on their shoulder. In the South, same deal with MOZ. Sassy has the Gander thing going, adding more acreage, in prime spots. That 3% NSR looks like good insurance. Why this is only $.25 is an unknown. Won't last long.
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