Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by lifegoesonon Jun 10, 2021 10:19am
168 Views
Post# 33361856

RE:Vulcan Info

RE:Vulcan InfoBjbear, I like you have spread my money around several of the Sprott plays. Follow the money is often a good strategy. I like VUL for a number of reasons, 1) it has money and getting more from Sprott surely isn't a bad thing because if they hit something he will put more money in and support by buying in the market, 2) VUL has something like 27M shares in Red Moon Resources which is trading today at $0.92, just do the math...!!!! sure looks like a potential lot of money, 3) Red Moon just raised $3.2 M so surely the price may be going higher as their program kicks into high gear (they have hired a IR marketing firm already), 4) VUL owns 1 M shares in SASSY which was a spin off property, SASSY has Sprott putting money in here.... My conclusion is they are all connected, supportive, and guess what, I believe VUL has significant leverage and undervalued given its position in RMK alone, not to mention the properties they own. Thus I also own VUL. I think this has to play out a bit, perhps into the late summer and fall, but if they hit something, all bets are off and the price will surely go higher in this great resource market.
<< Previous
Bullboard Posts
Next >>