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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 Sep 22, 2022 4:14pm
73 Views
Post# 34980078

RE:Blood bath

RE:Blood bath
Gettingannoyed1 wrote:

I can't believe my eyes. We seriously about to go under $2. This is a joke I'm abtually about to be in the red id have bet my life against that happening. Hopefully the Marie stays closed until January. 


f me



Any serious investor would have know the $4 heights were speculative hype at best, I didn't think it would break under $3 for very long myself, and yet here we are. That said, I think a $3 to $4 price range isn't unrealistic prior to the feasibility study.

If it holds under $3, though, I think barring a buyout, the best pricing after the Feasibility Study is going to be $5.

I long ago made my money and am riding free cash on it and holding long, but I really feel bad for anyone who bought into the absurdist hype and 'backed up the truck' when people were telling them to.

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