Vulcan Minerals Inc V.VUL

Are Vulcan Minerals and Atlas Salt Facing A Bad Omen?

[NLMoose]

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"?

[robertwfb]

OH NO! Not a bad omen! LOL Sheesh!

[Canticle]

And over the last year both of them have hit new highs. They are speculative stocks. They are going to have massive price swings based on news, profit taking, and lack of news, as well as people playing the charts, shorting and profit taking. Until either entity produces something, price swings like this aren't an omen, or indicative of anything other than the market trying to set baseline

[NLMoose]

When a stock plunges 20% in just one week like Vulcan Minerals, and more than 10% like Atlas Salt, we know that its a warning sign of things to come. With Newfoundland and Labrador about to become a "Salt Mecca of North America" thanks to Atlas Salt, Triple Point, and Vulcan Minerals, we expect their stocks to go up dramatically, not plunge 20% in just a week like Vulcan Minerals did.

[robertwfb]

who is this "we" you speak of? or is that the royal "we"? the feasibility study hasn't even been released yet nor has there been any buy out offer and you expect the price to "go up dramatically"? No stock goes striaght up! The share price has already increased dramatically, you can expect more ups and downs. if you are not in perhaps you should not buy in and if

[JohnCabot]

Look at the 1 month chart, Vulcan was trading at .36 a month ago. Nothing goes straight up. It's a normal pull back. It can go either way from here, longer term I'm guessing much higher.

[NLMoose]

When companies like Vulcan Minerals and Atlas Salt find over $50 billion worth of salt, you expect investors to boost the stock price, but plunge it more than 25% of its peak value in one week alone.

[robertwfb]

well it's really a good thing you are not invested in them then! congratulations on your good fortune! you lucky dog you!!!