Atlas Salt Inc V.RMK

RE:RE:zoom

[lifegoeson]

Silentrunning,  I love that movie.... I see that Atlas Salt will begin trading under the symbol SALT starting September 1, 2021. Now that they are fully funded for their current drill program and the SLR Consulting feasiility study, it is logical the runnup in price over the last few months accomplished its goal of financing. The study is a two Stage approach (quote below from press release). Also a 2-3 month drill program will be undertaken and integrated into Stage 1.

SLR will initially formulate a mining optionality assessment through an evaluation of all existing data and the acquisition of fresh geotechnical information from the upcoming drill program. The second stage of the FS, expected to be completed during the first half of 2022, will include the design of a mining method, processing parameters, related infrastructure, environmental screening and an economic evaluation.

I suspect there will be considerable promotional opportunities that co-exist between SALT and VUL, as VUL recently listed on the Frankfurt exchange. All of these movements also strike me that an OTC listing might also be pursued (seems to be the next logical step for a company after listing in Germany).