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Atlas Salt Inc REMRF


Primary Symbol: V.SALT

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 kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.


TSXV:SALT - Post by User

Bullboard Posts
Comment by loosechaingeon Nov 24, 2009 10:04pm
231 Views
Post# 16520496

RE: RMK is so loose

RE: RMK is so looseIt sure is. reminds me a whole lot of Ontex not that long ago. Now ont doesn't seem to have that problem anymore. I think a few buyers won't enter the arena till the deal is done. The selling will eventually disipate but I don't understand the constant pressure on the stock. This entire camp needed an overhaul. I am glad that Sheridan is going to get the job done. Put the big resource with the mill consolidate this ridiculous share float, rename this new entity and get down to the business of proving up the resources in short order. Also wouldn't be a big better on a big PP. Not his style. plus both companies have cash now.
 Go look at Pats insider report I guess he could of loaded up his pockets with a gazillion company stock options. What he did is actually bought close to 5 million calls on existing ONT shares at 50 cents. Guess he must be wrong too. LOL I like this deal more and more and Rod you can hate me if you have too but where this stock ends up going 2 -3 years out from now and 16-20 24 cents will seem miniscule.  
 
Bullboard Posts