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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 Jan 30, 2024 8:35am
116 Views
Post# 35852182

RE:RE:RE:RE:RE:what is the reason for delayed EA?

RE:RE:RE:RE:RE:what is the reason for delayed EA?I agree - pretty sure we won't be seeing a lot of Mr Salt anymore. This is Rick's show now and he'll do it his way and I doubt that shareholder contentment is high on his list at this stage. He is a my way or the highway type of guy but will get the job done.
 
I am dismissing previous timescales as redundant. The timeline prepared by SLR and included in the FS was signed off on 11 October 2023 but was originally released on 31 July 2023. Rick was not appointed until August. Having now had time to settle in, review the options and appoint his team he will have his own agenda which I am banking on being a lot speedier than SLR considered likely. 


    
 

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