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Bullboard - Stock Discussion Forum 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... see more

TSXV:SALT - Post Discussion

Atlas Salt Inc > Looks like the "HUGE Effect" has now hit Atlas and Vulcan
View:
Post by NLMoose on Aug 31, 2022 2:09pm

Looks like the "HUGE Effect" has now hit Atlas and Vulcan

With Vulcan Minerals' shares dropping a whopping 41.67% of its peak value in just two weeks, and Atlas Salt lost almost a 1/3 of its value in a short period of time, looks like the "HUGE Effect" has now hit salt stocks.

"HUGE Effect" refers to FSD Pharma, a former medicinal marijuana turned biotech company whom seen their stock experience a meteoric rise in 2018 and dropped considerably two years later.

Let's hope that the Atlas and Vulcan meltdown will not go the way of FSD Pharma.

Comment by Liked2Think on Aug 31, 2022 2:11pm
I dont know how you can compare FSD to a salt company but ok its possbile I guess. I guess you didnt get the memo that the SP was going to $76? HAHA
Comment by silentrunning on Aug 31, 2022 3:06pm
Finally admitting the $76.- SP eh .....good on you...you Finally realized we are right. Common societal norms have the individual wanting to be included with the winning side ..... who can argue with that, not even you. LOL be forewarned, you'll have to undergo an arduous set of tasks to prove your pirate worthiness.....not clear sailing yet .
Comment by Crunchy2chew on Aug 31, 2022 5:58pm
76 baby. 
Comment by Crunchy2chew on Aug 31, 2022 6:00pm
Ahhhh grass hopper starting2think?
Comment by silentrunning on Aug 31, 2022 6:27pm
See....sooner or later they will see the error of their ways.... In the end, they become one of our strongest allies...lol
Comment by Laruch12 on Aug 31, 2022 6:42pm
there is a need and market for road salt and an infrastructure for distribution. Not really so for weed/CBD in the over regulated legal side. Black market weed is available in abundance without the braindead regulatory regime killing the legal side. Comparing atlas salt to start up cannabis shops is ridiculous and laughable. If you are going to play the stock market game get it together and do ...more  
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