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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 Jethro980on Mar 11, 2022 2:38pm
150 Views
Post# 34507528

RE:RE:maybe Roland wants to build a salt factory

RE:RE:maybe Roland wants to build a salt factory my view it that it is always about the money. With the right offer this will get sold before any production starts. This said I expect buyouts to be low balled as usual and all the major investors will have to play tough to get an offer that is reasonable. Without a resonable offer and assuming a market for the salt re eliminating the overseas shipments then we could have a profitable mine soon enough.  For sure though this is a buy and hold at this stage. 
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