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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 Feb 05, 2022 12:42pm
221 Views
Post# 34401035

As we can all see, SALT closed at $1.88.

As we can all see, SALT closed at $1.88.SALT closed at $1.88, up $0.13 on 1.2 M shares.... even set a new high at $1.90. VUL had a very strong day also with over 850,000 shares and closing at $0.34 (strongly bid I might add). The penny flippers are likely long gone from SALT as the share price is too expensive, VUL is a different story, people can still buy 50,000  to 100,000 share positions in this price range at a relatively cheap price. However, and this is a big HOWEVER, SALT needs to continue to execute, and if they can reach a full feasibility study status and if they fast track production, then sky is the limit (some have said north of $10). Buy VUL, buy SALT, if SALT wins, they all win.

@Goldbug_101
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