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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.


TSXV:SALT - Post by User

Post by kilofinal7on Mar 10, 2022 4:08pm
472 Views
Post# 34504321

maybe Roland wants to build a salt factory

maybe Roland wants to build a salt factory If Atlas Salt was going to be bought out, why would they need to do a roadshow in YXU? 

I get the feeling that Roland may be looking at building the salt factory and perhaps feels he can get more return for investors once the infrastrucure is in place to mine the salt versus selling based on the FS. 

Perhaps the walk down on SP is due to a possibe financing......just my opinion 
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