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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

Post by jazzlistener2on Oct 16, 2022 12:26pm
212 Views
Post# 35027722

Need to weather the storm

Need to weather the stormI think there is still warrant holders who have bought shares that are selling taking their profit. Thus the pressure on the share price. Perhaps the idea of a bird in the hand is worth  two in the bush, is what they are thinking. And the general meltdown in the market is clouding their judgement imo. As  with my conversation with Mr Laracy, none of the management is selling any shares.  He said to me that this is going to be a king maker.  Those kind of riches for the insiders, I suppose, but I intend to be a millionaire nevertheless.  Either I'm being taken line-sink-and anchor on this one or things are going to play out as I was told.


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