Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by NLMooseon Aug 31, 2022 2:09pm
152 Views
Post# 34933107

Looks like the "HUGE Effect" has now hit Atlas and Vulcan

Looks like the "HUGE Effect" has now hit Atlas and Vulcan

With Vulcan Minerals' shares dropping a whopping 41.67% of its peak value in just two weeks, and Atlas Salt lost almost a 1/3 of its value in a short period of time, looks like the "HUGE Effect" has now hit salt stocks.

"HUGE Effect" refers to FSD Pharma, a former medicinal marijuana turned biotech company whom seen their stock experience a meteoric rise in 2018 and dropped considerably two years later.

Let's hope that the Atlas and Vulcan meltdown will not go the way of FSD Pharma.
 

<< Previous
Bullboard Posts
Next >>