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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 31, 2022 11:48am
80 Views
Post# 34932500

RE:RE:RE:RE:Special AGM

RE:RE:RE:RE:Special AGM
goldanalyst wrote: I'd consider buying some around these levels and the SP decline although unpalatable is not my main concern it's the volume and right before this special AGM. If the volume was light I might believe it's just retail. This kind of money is institutional. The smoke will lift at some point and we will soon see what's going on.


I have been keeping a close eye on the Level 2 and there's definitely someone or someone's unloading huge chunks to lock in gains. There was a block of 86,000 shares with an Ask at 3.06 first thing this morning when all the prior orders were at 3.15 Ask so someone is clearing exiting a position. Why? Anyone's guess.
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