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Atlas Salt Inc V.RMK


Primary Symbol: REMRF

Red Moon Resources Inc is an emerging commodities company in Atlantic Canada, focused on Newfoundland and Labrador, with 100% working interest ownership of the Great Atlantic salt deposit in addition to a producing gypsum mine and an early-stage nepheline discovery.


OTCPK:REMRF - Post by User

Bullboard Posts
Comment by audigger13321on Sep 19, 2007 2:45pm
165 Views
Post# 13428502

RE: Are they just wasting time and money?

RE: Are they just wasting time and money?Scott: If you feel that this is a scam, then you should bail out now instead of waiting a few more months. I am in this stock for a LONG term. After reviewing all the reports, and evaluating the prospects, I have started to accumulate about 3 months ago; my gut tells me this is a wothwhile "gamble". The management owns a big chunk; they CONSOLIDATED the entire area into one entity; the old mine is there; the drill holes indicate that the gold is there; and as the saying goes:"If you want to find gold, dig under the old mine." The management is smart enough NOT to to dilute the share structure by another PP at these ridiculously low share prices. As I have said, I have been buying lately, and now have over 400K shares...I may buy some more if my other PM investments in this scenario mature. Like I said before, I will keep this stock for at least 2-3 years, and see what happens. Even if this baby goes down to zero, my lifestile will not change...but my feeling is that eventually this will be a BIG winner. IMHO Audi.
Bullboard Posts