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Atlas Salt Inc V.RMK


Primary Symbol: REMRF

Red Moon Resources Inc is an emerging commodities company in Atlantic Canada, focused on Newfoundland and Labrador, with 100% working interest ownership of the Great Atlantic salt deposit in addition to a producing gypsum mine and an early-stage nepheline discovery.


OTCPK:REMRF - Post by User

Post by HIVEBuyeron Feb 07, 2020 5:34pm
378 Views
Post# 30660763

RE:RE:50 billion dollar deposit

RE:RE:50 billion dollar depositthe points you have raised speak to the probabiliy of success however expected return = probability*return. 5m cap with resource of this magnitude has potential for a massive return.  A 50x return breaks even at a mere 2% probability for example, and thats assuming your investment otherwise goes to 0. If feasibility comes back positive  we can easily be looking at a very different type of valuation expressed in dollars. Most investor cant stomach such a high variance gamble with timing as a big unknown.
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