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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 lifegoesonon Jun 29, 2021 10:08am
338 Views
Post# 33465564

RMK trading at $1.30

RMK trading at $1.30Everyone has been talking about the number of shares VUL owns in RMK and what that could mean for shareholders. I suspect only good can come of this.... how much more trading can VUL take at these levels before the price moves higher. VUL just raised $4M, along with Eric Sprott. They own over 28 M shares of RMK which is trading today around $1.30, thus if they can sell any portion of their shares, it will add significant cash reserves to their already $4M raise.
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