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Vulcan Minerals Inc VULMF


Primary Symbol: V.VUL

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 NLMooseon Aug 24, 2022 2:06pm
239 Views
Post# 34917691

Are Vulcan Minerals and Atlas Salt Facing A Bad Omen?

Are Vulcan Minerals and Atlas Salt Facing A Bad Omen?

Over the last week, Vulcan Minerals shares plunged from 78 cents a shre to 64 cents a share, which is nearly a 20% decline in a short period of time.

Even Atlas Salt is experiencing some headwinds in spite promising results as their shares have dropped more than 10% of its value in the last week alone.

With such considerable drops, are Vulcan Minerals and Atlas Salt about to face a bad omen in spite their great finds that will turn Western Newfoundland into a "Salt Superpower"?

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