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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 DeputyDawgon May 24, 2023 2:40am
197 Views
Post# 35461330

RE:RE:Press Release

RE:RE:Press Release
wreckhouse wrote: When you see a large volumes and price moves they are getting close to naming the new CEO . BCRNW


Generally correct but we all know the news is coming. My expectation is on 3 weeks more. It's whether investors decide to jump in pre the news at these prices. I have because there appears little stock at this level and I think in 3 months time buying at around $1.20 will prove a good decision, but time will tell. I also think and hope that once it moves it could do so quickly.  

I am also factoring in the 27.5m shares SALT have in TRP to my current value of SALT and  that leaves Great Atlantic left at silly money.  

The reference in the recent update about TRP releasing news soon was interesting and maybe that will come first. I expect to hear about many more potential domes than already announced. 

We also have the full FS still listed for late Q1 but I would not be surprised at a delay of 4-6 weeks whilst the new CEO gets his feet under the table. 

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