Atlas Salt Inc V.SALT

Alternate Symbol(s): REMRF

Metals & Mining Industrial Metals & Minerals

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

Atlas Salt Inc > COURT APPROVAL FOR TRIPLE POINT

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Comment by Canticleon Sep 08, 2022 9:51pm

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Post# 34951119

RE:RE:RE:RE:RE:COURT APPROVAL FOR TRIPLE POINT

TeamEddie wrote: why would anyone pay 12 for a 10 year mine life why?

do you think they will assume there will be winters for decades

That would be a little over a billion, which for a low margin, low cost producer capable of significant free cash flow after the first year wouldn't be unheard of. Not the likeliest scenario and in my personal opinion it would be a best case scenario. So far, Atlas Salt has performed exactly as I expected so hoping it continues to do so.

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This junior mining stock offers billions in market exposure