Vulcan Minerals Inc V.VUL

No Secret 'Bout VUL

[Copperking102]

So we see an ongoing pattern in the stock price between VUL and SALT, with good reason. With VUL's holding of some 32 million shares, (fully diluted) that relationship directly affects the value of VUL. Yesterday, SALT closed @ $1.88....the last time that happened, VUL was $.38...With SALT ready to breach the $2.00 mark, we should see this climb up into the mid-forties.....

[lifegoeson]

Copperking, I don't think many people are watching or even care about VUL, in fact, VUL didn't even send out SALT's Thursday's Press Release so I don't think many people were away how significant this is to VUL. I think VUL dropped the ball but they are in such a unique position owning 32 M shares of SALT on a fully diluted basis, or about 28 M free trading shares in the market

[Luckierjack2]

That was a big mistake for Vulcan not to send out a press release on the Atlas Salt press release.  At $2.00 that works out to about $58 million of SALT on the Vulcan balance sheet.  That works out to $0.52 per share just for the SALT.  What is the royalty worth?   Management needs to get ita act together.   This is so undervalued!!!!! JMHO LJ

[wreckhouse]

65 million ? so today  vulcans share is worth more than that and we are only trading in the low .30 range with no debt  and some very good copper properties/claims we should be moving north in the 80 cent range . I know they are very busy at head office but a little extra news on the other claims would" nt hurt either . Maybe I will give the town crier from the hamlet of ST. GEORGE&