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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 14, 2008 3:16pm
205 Views
Post# 14969284

RE: 300THOUSAND ONCES

RE: 300THOUSAND ONCESthat 300 000 ounces is just the one property i believe.. and not the other assets.. moly etc.   Now if a company had a warehouse with 300 million dollars in it but had to pay  50 mil to get it out ... what would the company be worth?  20 million? (like rmk is currently). Dont think so --even considering other risks... 
IMHO
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities