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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 > Hmmmm...🤔🤦🏽‍♀️😳
View:
Post by St0ckgirl on Sep 20, 2022 9:55am

Hmmmm...🤔🤦🏽‍♀️😳

I wish I knew why, but I don't.  I will not be weak that's for sure.  Atlas Salt can move hundreds of dollars at a time.  So, I think it's a rocky ride but salt isn't a risky investment to me.  THE $ALT I$ THERE.  $ALT IS $O PURE.  $O PROUD TO BE A $HARE HOLDER OF ATLA$ $ALT :o ...  Remember we are the OG investors...we are here to $tay!
Comment by Canticle on Sep 20, 2022 11:45am
It's profit taking. Lots of investors have zero interest in a speculative stock listed on the CSE, so they're locking in profits before the inevitable decline after the spin goes through. I'm long at this point but there's good reason it's been dropping.
Comment by St0ckgirl on Sep 20, 2022 12:15pm
Then I guess that will be their loss eh?  Who wouldn't want free shares in a Salt Dome?  Even if the share price goes up or down...think about the future.  I don't play the games others play.  Let's just get this over with and get rid of whoever doesn't believe in Atlas Salt or the dome...lead, follow or get out of the way!  Nose to the Grind...GO ATLA ...more  
Comment by Donwaan on Sep 20, 2022 12:36pm
What is a realistic price range for SALT shares after the spinout? And aside from the FS or a potential buyout offer what catalysts are there for further share price appreciation?
Comment by St0ckgirl on Sep 20, 2022 12:57pm
Your questions have me humming Kid Rock right now... And this is for the questions that don't have any answers The midnight glancers and the topless dancers The gander freaks, cars packed with speakers, The G's with the 40's and the chicks with beepers...Kid Rock Only invest in companies and people you believe in...
Comment by Donwaan on Sep 20, 2022 1:15pm
Hoo hoo hoo Bobbie Sue, Steve Miller Band perhaps: Go on, take the money and run
Comment by Canticle on Sep 21, 2022 9:33am
I personally think core value of the asset before Feasibility Study after the spinout is going to range between $2 - $3.5. I would have said $3 to $4 (and have), but given market sentiment right now, I think it's going to be lower until there's some specific news. Given price movement today, I think the Triple Point spinout is going to be somewhere in the .50 - .75 range with Atlas Salt ...more  
Comment by Zephyr on Sep 21, 2022 9:55am
Interesting. I'm long on SALT and my long-term investment has been settled for a while. However, I've set the $2 threshold as a random place where I'd be tempted to buy another block of SALT shares, if available. I'll be honest, I never expected to see $2 again but the market these days is saying it's possible. For a while I was going to try to play the TPR shares after ...more  
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