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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 Aug 08, 2022 1:57pm
150 Views
Post# 34879378

RE:What's going wrong for Atlas Salt?

RE:What's going wrong for Atlas Salt?
This is why retail investing is fraught with people losing their shirts. This is pretty standard in any kind of long term run up for a preproduction speculative stock. There will be a time highs followed by profit taking and retrenchment, usually establishing a new range. If you bought Atlas Salt based on a specific premise and have set yourself the appropriate exit points, the day to day movements become largely irrelevant.
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