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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 May 03, 2022 11:21pm
89 Views
Post# 34653685

RE:RE:RE:28.891.000 shares

RE:RE:RE:28.891.000 sharesNo one knows what will be bid or even if we will get a bidder to takeover. There is not enough public info for any prognostications as of yet. Until such time as the resource is proven and resource is viable we are only guessing. I love the big numbers that have been tossed around but they are at this stage silly.    This said when and if a suitor comes bidding we better have tough negotiators the likes of Diamond Fields Robert Friedland.  Otherwise this will be given away for a song 4.00 ish!!!   Gotta be tough to succeed to that kind of battle.   And maybe Salt can just develop it all themselves. Based on numbers thrown around with potential profits a self-developed project could generate nice profits and a share price of around $8.00 to start.        Overall based on what I see my vote would be to have SALT develop it.     Mayby after it is operating then someone can come and pay top dollar.  

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