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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

Comment by Copperking102on Dec 05, 2021 4:29pm
134 Views
Post# 34200394

RE:Why did I buy VUL...?

RE:Why did I buy VUL...?So just on the value, VUL holds in shares of SALT, this should be trading about $.14 a share higher. No credit is given for the Hydrogen cavern, the 3% nsr on the salt mine, or most importantly the Newfoundland properties. Yes, they dropped a few holes in the Colchester property which may or may not be anything. The big opportunities are in the Gander area, sitting right up by NFG and further North by the Exploits NFLG properties. Then, as if thats not a full plate, we're a stone's throw from the Marathon operation more to the south. Things should heat up a bit for all these explorers as the backup in the labs will now catch up to those who have been waiting patiently. Good things are going to happen here in 2022, and management is showing its ability to rise to the occasion. I see this as being an easy 5 bagger...maybe more.
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