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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 kilofinal7on Mar 12, 2023 4:51pm
79 Views
Post# 35333603

RE:I'll place my bet on Jamie

RE:I'll place my bet on Jamie If I was Compass, I'd lessen the risk to the company and it's shareholders and agree to a JV with Atlas Salt but have Atlas headed up by someone from the Compass leadership team who has a strong financial background coupled with the commercial experience of the salt business, logistics etc. 

As the salt factory gets developed, the ownership increases. Just in my humble opinion   
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