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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 > Blood bath
View:
Post by Gettingannoyed1 on Sep 22, 2022 4:05pm

Blood bath

I can't believe my eyes. We seriously about to go under $2. This is a joke I'm abtually about to be in the red id have bet my life against that happening. Hopefully the Marie stays closed until January. 


f me

Comment by TeamEddie on Sep 22, 2022 4:06pm
you created an acct yesterday Crunchy is that you
Comment by Canticle on Sep 22, 2022 4:14pm
Any serious investor would have know the $4 heights were speculative hype at best, I didn't think it would break under $3 for very long myself, and yet here we are. That said, I think a $3 to $4 price range isn't unrealistic prior to the feasibility study. If it holds under $3, though, I think barring a buyout, the best pricing after the Feasibility Study is going to be $5. I long ago ...more  
Comment by Liked2Think on Sep 22, 2022 4:17pm
I didnt buy into that total bs of $76/share garbage but I sure didnt see this coming wow. Maybe we are seeing a mass selloff now because people didnt know for sure how long to hold to get free shares and now with that press release they all know? Painful situation for all
Comment by TeamEddie on Sep 22, 2022 4:23pm
do you think anythinmg changed with Great Atlantic
Comment by Liked2Think on Sep 22, 2022 4:33pm
I dont see how it could have. Still a great mine potential, All the drilling results always looked good. Feasability will be good but in no means should it shoot the stock up 100% but it will help to boost. All in all this whole split out of another company looks like a money grab that failed.  Should had just kept the company as a whole.  Thats assuming they dont have anyone ...more  
Comment by TeamEddie on Sep 22, 2022 4:44pm
you sold today? Ouch 
Comment by Liked2Think on Sep 22, 2022 4:52pm
sold at $2.30 I almost sold everything at $2.80.  Put some bids in to sell and just couldnt push send.  I thought it was as low as it would go. I was wrong. I have buy orders in at $1.50 now.  That number is frickin ridiculous though and it should not drop that low.
Comment by TeamEddie on Sep 22, 2022 4:54pm
no should close tomorrow at around $2.25 I am starting to rebuild my position now as I still think it is $4 -$5 on a buyout and at $3 by F/S
Comment by Liked2Think on Oct 17, 2022 6:01pm
You can listen to the $76/share pumpers or you can listen to the guy that said $1.50. Maybe its time to start buying again?  Then again maybe not.  Could go lower as I dont know for sure and no one on this board knows either. Bottom line dont fall for the pump BS on this board and dont fall for the bash as well, and yes I am back on the buying side.
Comment by Canticle on Sep 22, 2022 5:16pm
The spinout made excellent operational sense, and definitely has benefits that can still be easily recognized. Great Atlantic Salt is a resource that requires focus especially being close to a Feasibility Study release. To be attractive as a buyout target, it can't have a lot of overhanging issues. Retaining mineral rights means you have to actually do work on the land where you have trem. All ...more  
Comment by Donwaan on Sep 22, 2022 4:46pm
Canticle I think your price range numbers are quite realistic. After trading SALT many times I did take a long position in the upper $3's. In hindsight I should have stuck with trading but am optimistic that this will trade or be bought out considerably higher. GLTA
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