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Bullboard - Stock Discussion Forum 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... see more

TSXV:VUL - Post Discussion

Vulcan Minerals Inc > Sassy Gold
View:
Post by Copperking102 on Jul 23, 2022 8:32pm

Sassy Gold

Patrick has been cutting deals with these guys for properties we had in Newfoundland. They're very aggressive explorers, in the Eskay camp in BC, already with some promising results from the '21 campaign.
We've been paid some cash for the sale, but the real value is their stock. Currently, we're holding about 4.3 million shares, with another million shares due over the next 3 years. As usual, there's a NSR attached, I think it's a 3 for the original Gander deal.....Meanwhile, Sassy is approaching a $.50 share, and can easily be $1.00 if they score something this season. They have 54 million outstanding.....just raised cash for this season's drills. Fingers crossed they succeed, we'll soon own 10%.
Comment by cashworx22 on Jul 24, 2022 6:26pm
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