Atlas Salt Inc REMRF

Primary Symbol: V.SALT

Metals & Mining Industrial Metals & Minerals

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.

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Atlas Salt Inc > When can we expect an offer?

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Comment by sorrensonon May 28, 2024 2:01pm

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Post# 36060764

RE:When can we expect an offer?

Why do you think there will be a buyout? Typical penny stock hype.

They need 475 million to get this thing to production 4 plus years from now. Its been over 12 years so far .

If there was a buyout it will be under a dollar based on todays SP . And dont buy any of the ridiculous fantasy being spewed that there will be no dilution . This will be hundred of millions of shares before the salt flows .

Squash11 wrote: Are there many hoops to jump first? Permits, licensing? Are we talking months or a year? Any educated guesses please?

In a way it does not matter as the trading volumes are low.

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