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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 Crunchy2chewon Mar 19, 2022 6:44pm
109 Views
Post# 34528859

RE:Can anyone confirm the tire kickers

RE:Can anyone confirm the tire kickers hummmm is there any source you can provide or is this off the top of your head.

I firmly believe that Rowland and the crew will not let this go for a lowball price. They have a real verified resource worth over 80 billion dollars and a market hungry for domestic product. They have 38% or so of the stock at Vulcon and a bunch of insider holdings.The only thing that would be accomplished by driving the price down is 1) either buying cheap shares to reduce the buyout payout and 2) to let longs buy cheap shares. The buyout will be based upon the value of the resource.

Personally I could not care less about the day to day price. I am here for the payday and not a small penny.

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