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Bullboard - Stock Discussion Forum Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc is engaged in advancing Great Atlantic Salt Project through feasibility and into potential production as an environmentally friendly state-of-the-art Salt Factory in resource-friendly western Newfoundland. It is also producing gypsum mines, nepheline discovery, and renewable energy storage.

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Atlas Salt Inc > Donwaan
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Donwaan

lovingu (150) | July 31, 2022 05:16 pm

As adults we can see the changes and realize a risk assessment will include current data, so a 10 -15 year mine life would be the high end, if SALT goes at it alone you may want to sell in the winter during extreme winter conditions (which for the next few years will occur)

Within reason I think $6 as the high end  is possible, I appreciate you thinking logically and not being delusional 

RE:Donwaan

Highprob (82) | July 31, 2022 05:40 pm

lovingu wrote: As adults we can see the changes and realize a risk assessment will include current data, so a 10 -15 year mine life would be the high end, if SALT goes at it alone you may want to sell in the winter during extreme winter conditions (which for the next few years will occur)

Within reason I think $6 as the high end  is possible, I appreciate you thinking logically and not being delusional 



$6 would still be nice 

RE:Donwaan

Crunchy2chew (637) | July 31, 2022 06:41 pm

My advive is to ignore the board fool. It is my opinion that the two accounts are the same mental midget. 

We will still have winter in 100 years and we will still need salt for public safety. that knob thinks cow farts are going to eliminate winters, what a doofus.

Anyway we will be past $6 before the agm the end of august.

In a bidding war I can see $76++ pps.  The value of the salt is between 80-160 billion dollars and will be the lowest cost production mine. Whoever owns this will control the industry. If I were an established company I would be losing sleep over Atlas. 

Industry standard in a mineral buyout is 15% of the value of the mineral in the ground.  At $76 pps that is about 5 to 8%  that would be a steal 

I also believe a buyout will have both a cash and a stock component in the new company.

RE:RE:Donwaan

TeamEddie (207) | July 31, 2022 08:57 pm

The most ironic post I have ever read Crunchy saying to ignore the board fool and then proceeds to confirm he is the board fool 

RE:RE:RE:Donwaan

Crunchy2chew (637) | July 31, 2022 10:39 pm

If you say so mr conspiracy theorist. 

RE:Donwaan

Donwaan (324) | July 31, 2022 09:49 pm

I am an optimist but also a realist . A $6 buyout at this stage seems a tad low but is much more realistic than one of $60 plus. The climate is warming and it doesn't really matter the reason why, the fact remains that it is.

RE:RE:Donwaan

twaver (11) | August 01, 2022 02:26 am

I don't agree with the Crunch's extreme share price predictions. But I do think $6 is considerably low. I do believe that years 15-30 will affect the buyout price. After all, $1 million 15 years from now still has considerable present value. Beyond thirty years out, probably very little impact. Cruchy does make some good points on the perils of over-reacting to current fads in scientific circles. They have been wrong many times. And nobody says winters will go away in any of our lifetimes. In fact, where I live if the winters warm up a few degrees, the roads will likely require more salt. Hell, salt doesn't even work when the temps are way below freezing, as they often are in January and February in Wisconsin. This will probably ramp up to around ten million tons per year over several years, meaning annual cash flow could be around $300 million. I would think several times that would be appropriate in a buyout. So maybe $9 to $15 per share. Upside from there is certainly possible. But anything over $25 would surprise the hell out of me (pleasantly). I plan to hold for the buyout, which will likely be the highest price. 

RE:RE:RE:Donwaan

Donwaan (324) | August 01, 2022 01:01 pm

Thanks for the well reasoned and thoughtful reply twaver. Your $9 to $15 per share buyout target price seems about right too. Time will reveal all of course!

RE:RE:Donwaan

silentrunning (209) | August 01, 2022 02:27 am

How can you walk with your head shoved up into your alimentary canal? Your lack of O certainly explains everything.