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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 NLMooseon Oct 13, 2022 9:43am
253 Views
Post# 35021970

Vulcan Minerals Is Now "Flop Of The Year"

Vulcan Minerals Is Now "Flop Of The Year"

With Vulcan Minerals shares trading below 30 cents a share, a big contrast to 78 cents a share just two months ago, the company is becoming a "flop of the year" along with Atlas Salt and Triple Point Resources.

That's 50 cents a share gone in a short period of time or a loss of 64% of its peak value.

Even when Atlas Salt has just got a promotion with the American markets, their stock is still experiencing a great collapse.

I guess we were lied about salt being "recession resistant" when companies that deal with it are experiencing a flop.

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