Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by HIVEBuyeron Feb 07, 2020 5:34pm
384 Views
Post# 30660763

RE:RE:50 billion dollar deposit

RE:RE:50 billion dollar depositthe points you have raised speak to the probabiliy of success however expected return = probability*return. 5m cap with resource of this magnitude has potential for a massive return.  A 50x return breaks even at a mere 2% probability for example, and thats assuming your investment otherwise goes to 0. If feasibility comes back positive  we can easily be looking at a very different type of valuation expressed in dollars. Most investor cant stomach such a high variance gamble with timing as a big unknown.
<< Previous
Bullboard Posts
Next >>