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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

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 twopondson Dec 11, 2021 2:02pm
220 Views
Post# 34221880

This winter has ZERO impact...

This winter has ZERO impact......on Atlas...I mean ZERO impact.  The supply and demand for road salt has been determined long before December 11th 2021.  They have what they need, whether from Quebec, Goderich, Europe or Argentiana for that matter.  Posts that make claims that either we have no winter yet OR it's going to be a bad one and we need salt are pure and simple hype and discredit the business model.   Actually it shows they have no clue what it means to be in the salt business....period.  What Atlas DOES have is a VERY economically viable supply source which WILL be tapped.  It's the simple business catch phrase, "supply and demand".  You check your sources to meet the demand, predictable or not,.. weigh the costs to ship, store the product, then do your cost analysis...it ain't rocket science.   #SALT has the distinct advantage and I reiterate the DISTINCT advantage to produce the needs of the entire Eastern seaboard and beyond and cost effectively.  Tell me how I know and come to that conclusion...
Atlas has the goods, the impact of those goods won't be noticed until we either get bought out or developed for the following winter season.  Mark my words, this resource won't take long to develop...  
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