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Vulcan Minerals Inc VULMF


Primary Symbol: V.VUL

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 Copperking102on Oct 19, 2021 7:46pm
198 Views
Post# 34025026

Big Volume Today

Big Volume TodayOver one and a half million shares moved thru today, I'm sure the buyers taking advantage of the weak hands selling into the yearly high. SALT put on more weight, closing @$1.21. With VUL's ownership of nearly 29 million shares, the value of that holding alone exceeds the current market cap of VUL. Means, you get everything else they own, for free!! Cash, property in NFLD, future revenue streams from JV's as well as their respective stock assignments. Take SASSY for instance. Not only have they accumulated plenty of real estate in NFLD, they also have highly prospective parcels out West in BC, all of which can, with some luck, move the stock price considerably. Our own drilling has started, more permits being sought, ground work continues, whats not to like??
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