Bullboard - Stock Discussion Forum Atlas Salt Inc REMRF

Primary Symbol: V.SALT

Metals & Mining Industrial Metals & Minerals

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three... see more

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Comment by sorrensonon Nov 15, 2023 12:14pm

RE:propping to raise imo

No bank will lend money on a project like this period . There is no assets to secure the loan and no revenue to pay the debt. If you could bank it they wouldnt bother with ...more

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Discussion

Comment by StockGibaon Nov 13, 2023 5:58pm

RE:The last raise

TPR shares should have some value as they progress their business as well.

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Comment by StockGibaon Nov 13, 2023 5:56pm

RE:RE:The last raise

Sure it will. CEO has said they won't need money for a while and with offtake agreements and governemt wil most likely back them in some way because of the potential for job creation.

Discussion

Post by TeamEddieon Nov 13, 2023 3:57pm

propping to raise imo

no bank will lend them money under 25 %

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Discussion

Comment by TeamEddieon Nov 13, 2023 3:55pm

RE:The last raise

the share price is .92 the raise will be lower much lower

Discussion

Post by St0ckgirlon Nov 13, 2023 11:56am

Who has tons of money? What rhymes with Warren Buffett? 🤔🤷

Hmmm...$TUFF IT...our wallets and mattresses with cold hard cash! Go Atlas $alt...thank you for the winning day! Turning the ship around, all aboard!

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Post by Toppicks1on Nov 13, 2023 10:39am

The last raise

Was done at 2$ with warrants at 2.40 for 24 months. I would like to see a raise of 30 million at 1.50 would go along way to derisk going forward. The resource is there so no reason not to find a ...more

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Discussion

Comment by Toppicks1on Nov 13, 2023 10:24am

RE:Massive raise needed - short?

Private placement could be coming but my thoughts are could be at a higher price.

Discussion

Post by TeamEddieon Nov 11, 2023 8:40pm

Massive raise needed - short?

With the cost of borrowing there is a high probability they will need a massive private placement lower than the current price, perhaps a large player takes a lot of it but we may see a 50% drop ...more

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