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Atlas Salt Inc V.RMK


Primary Symbol: REMRF

Metals & Mining Industrial Metals & Minerals
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

Atlas Salt Inc
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Comment by booya99on Apr 01, 2008 2:52pm
34 Views
Post# 14927325

RE: consolidation

RE: consolidationI would say unlikely...  if they stick reasonably close  to their plan then  # shares will be mute as EPS and market cap will be the discussion.   As I have mentioned before, with each successful drill  and each proving/ finding of resources the current market cap becomes more and more  ridiculous.   If you wanted to buy the resources they have what would be paid?  24 Million $$...  ?  Not even close.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities