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 > Royalty

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Comment by MoneyKon Aug 18, 2022 9:03am

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Post# 34904304

RE:RE:RE:RE:Royalty

Fully agree! If they would pay $160M US for the NSR, that would give them a 10% dividend year over year. @5% thats double the price tag with still some upside to 8--10M tons. NSR's are usually not based on 100% of revenues, but it should be pretty close. Thats why im trying to understand if its a NSR or based on net profit. Not the same thing. IMO MoneyK

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