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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

Comment by lifegoesonon Jan 24, 2022 10:30am
153 Views
Post# 34352219

RE:RE:RE:RE:Life of the mine

RE:RE:RE:RE:Life of the minetwoponds, I tend to agree but I think the proof will be when SLR completes the Great Atlantic feasibity Study, this will tell us the cost, type of production method and everything else we need to know as to 1) how long to get to production and 2) how much someone is basically going to pay to acquire SALT.

The DOW is down near 700 today alone, and almost 7.5% on the month. The over valuation for the big stocks, crypto, and all that other high fliers is coming to haunt the average nervous investor. This is what happens when brokers and analysts over value stocks, the multiples are crazy.... but good for people with cash.

SALT is hanging in nicely. Interestingly, the last press release SALT put out was December 15th, over a month ago. And during this time, the price of SALT has strengthened. News must be getting closer and closer.
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