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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

Bullboard Posts
Comment by lhyneson Nov 03, 2004 1:59pm
170 Views
Post# 8128071

RE: Trading below our 30 day avg.....

RE: Trading below our 30 day avg.....Buckeye....don't know if Vulcan's management have gone to the extremes that you suggest in order to prevent snoopers from gaining information on the well ahead of a public press release, however, I am not at all surprised to see a "total news blackout" while drilling is in progress. That has always been the modus operandi of Vulcan management...and we have to respect them for playing it exactly "by the book". Believer's have put their money down....skeptics have likely vacated the market in the past week or so. It is my belief that the current "no-news-situation" simply means that the well has not yet reached target depth, rather than a "no-news-bad-news" interpretation that some investors may have taken it to be. At the same time, I expect that we shouldn't have much longer to wait before we hear something one way or another. Len
Bullboard Posts