RE:RE:Look at SALT today...Copperking, SALT is the icing on the cake for VUL..... As at June 30, VUL had $13 M in cash and other strategic licences like the one to Fjordland which gets them 1.35 M shares. They have hired Doug McKay for IR, just listed in Germany, and just began drilling Cholchester about 2 weeks ago. And let's not forget Burnt Berry and Red Cross Lake which immediately offsets Marathon Gold Corp.'s property to the west. In my opinion, VUL is undervalued but even more importantly, if SALT continues to run over the next 6 months and get absorbed by a big player, let's blue sky at $3-$5 buyout, just do the math, VUL is a serious junior that will have lot of horse power to make everyone very, very happy.
Assets
Current assets as of June 30 Cash of $13,159,865