Vulcan Minerals Inc V.VUL

Alternate Symbol(s): VULMF

Metals & Mining Industrial Metals & Minerals

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.

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Vulcan Minerals Inc > wishes

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Comment by Canticleon Jun 20, 2022 5:41pm

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Post# 34769807

RE:RE:RE:RE:RE:RE:wishes

I know it seems nuts to me and I've been accumulating more shares in Vulcan throughout the recent market turmoil. I feel like even though Atlas still hasn't completed the Feasibility Study, the fact the Spinout is happening and that there is very little in the way of Great Atlantic being a) Bought out or b) Going to production as a premiere low cost salt producer is being completely and utterly discounted by the market.

On its own, Atlas Salt has a Market Cap right now of over $200 million. Vulcan has a 30% share of that, or $60 million.

Vulcan's market cap at current prices is $39 million...

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