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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

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

Comment by Jethro980on Mar 11, 2022 2:38pm
133 Views
Post# 34507528

RE:RE:maybe Roland wants to build a salt factory

RE:RE:maybe Roland wants to build a salt factory my view it that it is always about the money. With the right offer this will get sold before any production starts. This said I expect buyouts to be low balled as usual and all the major investors will have to play tough to get an offer that is reasonable. Without a resonable offer and assuming a market for the salt re eliminating the overseas shipments then we could have a profitable mine soon enough.  For sure though this is a buy and hold at this stage. 
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