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 > Are Atlas Salt and Vulcan Minerals On A Brink Of Collapse?

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Post by NLMooseon Feb 14, 2023 1:32pm

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Post# 35285644

Are Atlas Salt and Vulcan Minerals On A Brink Of Collapse?

Atlas Salt and Vulcan Minerals shares have lost over 1/3 of its peak value this year alone, and over 70% over the last year, leadingto concerns that both companies are heading for financial distress.

Its time for management to start addressing concerns about the share price performance before its too late.

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