Looks like the "Anaconda Mining Effect" is spreading to other gold exploration and producing companies in Newfoundland and Labrador, not just with Anaconda Mining, Sokoman Minerals, and Altius Minerals, but now Vulcan Minerals as their share prices are tumbling big time.
Herbert Abramson has to take some blame for divesting his shares after a warning stating that his share holdings are now below "Significant Influence" levels, which is defined as a person or company holding 10% or more of its outstanding shares.