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Atlas Salt Inc REMRF


Primary Symbol: V.SALT

Atlas Salt Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, evaluation, exploration and production of mineral properties in Newfoundland and Labrador. The Company owns 100% of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America road salt market. The project features a large homogeneous high-grade resource located next to a deep-water port. It also develops the Fischell’s Brook Salt Dome, which is approximately 15 kilometers (km) south of Great Atlantic in the heart of an emerging Clean Energy Hub. The Company's Flat Bay Gypsum Project is located three km southwest of Great Atlantic Salt deposit that features early-stage open-pit production from the Ace deposit. The project is located beside important infrastructure including a deep-water port, Great Atlantic positions Atlas in the middle of the eastern North America Road salt de-icing market.


TSXV:SALT - Post by User

Post by NLMooseon Feb 02, 2023 12:03pm
249 Views
Post# 35262473

The Atlas Salt and Vulcan Minerals "Candlepinning" Continues

The Atlas Salt and Vulcan Minerals "Candlepinning" Continues

The "Candlepinning" of Atlas Salt and Vulcan Minerals continues for a third day in a row as both their stocks are experiencing another decline.

Obviously, investors never took a Finance course or learned about Capital Budgeting in their lives.

With a $900 million Net Present Value which will generate large economic spinoff's for Western Newfoundland's Bay St. George, Corner Brook, and Bay of Islands areas, what can go wrong?

To punish Atlas Salt for a $900 Net Present Value on Great Atlantic salt project is the same as punishing a Candlepin Bowling legends like Tom Olzsta, Paul Berger, Joe Asline, Dave Richards, Tim Lipke, Tom Morgan, Tony LeBlanc, Kansas Snow, or Rick Martin for making a terrific shot in getting a Spread Eagle as opposed to a Strike.
 

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