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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
Post by thebakeron Dec 12, 2009 11:29am
204 Views
Post# 16580860

Merger

MergerI have been chastised and congratulated. I will try to stick to the matter at hand, but there may be the
occasional remark, which strays from the topic.
I think it should be noted that both RMK and ONT have ongoing drilling at this time as reported on their
websites. RMK's drilling is reported to be continuing in November and it is unlikely that results are close,
but ONT has not released any results from drilling that was taking place during the summer and fall.
When meetings are held next week and the decision to merge becomes official, there is the possibility
that there could be news released, at the same time, regarding the results of drilling that has occured.
Favourable results could push things upward in a hurry.
This is just speculation on my part, but it would create an interesting scenario. I wonder who would get
left out in the cold. Not that it would be a problem. Those poor dumb sheep have a good coat of hair, but
wouldn't this represent a bit of a shearing.
As stated by a poster on one of my other holdings, I sure wouldn't want to be caught without a position when
the announcement is made.
GLTA
Bullboard Posts