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Bullboard - Stock Discussion Forum Vulcan Minerals Inc VULMF


Primary Symbol: V.VUL

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 > Share price
View:
Post by MinerCPA on Sep 02, 2022 8:37pm

Share price

Since Vulcan has no earnings, it's value seems to be directly tied to it's Balance sheet assets FMV.
Other than the investment in SALT, do any of you know how to value all the other assets 
owned by Vulcan?????
Comment by MoneyK on Sep 03, 2022 9:02am
If/when Great Atlantic is a go, the 3% Royalty could eventually be worth $1- $2 per share by itsself. Also, they will get 7M triple point shares soon. That value should be known when it starts trading. IMO. MoneyK
Comment by Copperking102 on Oct 23, 2022 6:06pm
So I think VUL is being set up as a dividend-paying mutual type fund that with its coming stream of cash will support its share price as well as the annual distribution. Take the 3% NSR on the Atlas deposit. Once sold and that cash is reflected in the VUL share price, if they collect $15 mill on the royalty payment, that comes to about $.10 share. Add in their other collections, TPR, and SASY, it ...more  
Comment by wreckhouse on Oct 25, 2022 8:24am
So a ten bagger from here would be nice  ( 3.40 ) . When this all broke out with  Red Moon  I was thinking on the same lines , I bought my first VULCAN shares in low single digits. VULCAN  with so many irons in the fire you just never know what mite happen .  For example the Colechester copper claims .  Would be be nice if no one is eager to let their shares go for ...more  
Comment by MoneyK on Oct 25, 2022 3:36pm
What happens 04/04/23? MoneyK
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