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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 > Post webinar
View:
Post by Laruch12 on Nov 22, 2022 2:44pm

Post webinar

what's the takeaway? Fs pushed out another quarter? No movement on takeover talks? Might not find a buyer so apply for permits?
Comment by Zephyr on Nov 22, 2022 3:00pm
Yep...FS pushed out. No matter who they are talking to (if anyone at this point, but I assume there have been conversations had), most are not going to enter any meaningful talks without the FS in hand. So, the FS is the tail that wags the dog in that respect. No one knows the timeline to find a buyer. Absent of that info, the company will forge ahead with any permitting, mine design, funding ...more  
Comment by TeamEddie on Nov 22, 2022 3:16pm
most did not realize production would be in 2024 if not bought out 
Comment by Laruch12 on Nov 22, 2022 4:52pm
Comment by Laruch12 on Nov 22, 2022 4:55pm
sorry blank post. Question was if this is unusually long time to generate FS, or to be expected?
Comment by Laruch12 on Nov 28, 2022 11:09pm
Zephyr,  Your investment thesis still alive and in play? Best to ignore the selloff and attendant noise and hold for inevitable fair valuation of a big resource in place ? Or time to be doubtful ? Respect your opinions based on earlier posts. Thanks L
Comment by Zephyr on Nov 29, 2022 9:04am
Hey Laruch12 I don't check in here much lately as I've found this board to be a bit of a mind-numbing experience. This experience was even further amplified when I read NLMoose's post yesterday. I've been invested in venture since late Summer 2021. I stumbled across it as I knew of a couple people in my orbit who were invested. At first I wanted nothing to do with a Jr mining ...more  
Comment by Laruch12 on Nov 29, 2022 1:22pm
Thanks Zephr. Another well reasoned articulate post. I am in the same boat. Way too much invested here and for me timeliness matters a bit more than it should. Expecting big things with the fs coming out q1. All the best , L
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