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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 Canticleon May 21, 2022 12:34pm
116 Views
Post# 34700418

RE:RE:RE:RE:What a rush...

RE:RE:RE:RE:What a rush...

Thanks for the welcome! I've actually been in on this since they were Red Moon Resources...as a Prairie Canadian, I'm all too familiar with the use of road salt, and my interest in Great Atlantic was piqued when I'd found out how much of it was imported from overseas. I got in originally in July of 2021, sold my original investment when it doubled and have been letting the gain ride since. I doubled that (as I mentioned in my prior post) when it hit 1.22 because I couldn't conceive of it getting too much lower.

Full Disclosure, I used to work for RBC so I'm more than familiar with doing my own due diligence, I am no longer a professional so nothing I say should be taken as investment advice, but one of the reasons I quit working for them was because I wanted to do my own investing and couldn't do that the way I wanted to while doing it for other people, especially when opportunities like this come along.

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