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 > There should be close to 75,000,000 shares of TPR

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Post by kilofinal7on May 31, 2023 1:38pm

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Post# 35472999

There should be close to 75,000,000 shares of TPR

of which SALT shareholders received 23,750,000 and Atlas Salt received/purchased a total of approx. 51,200,000 shares.
I would guesstimate that the value of TPR could be at least $500M. If it's anywhere near that, Atlas Salt would have approx. $306M. More than enough to build the salt factory

The competitors can't afford for that to happen imo. I could be completely wrong but that's how I see it

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle