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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 lovinguon Apr 29, 2022 9:21pm
142 Views
Post# 34644232

RE:RE:RE:RE:RE:RE:Realistic targets

RE:RE:RE:RE:RE:RE:Realistic targets comparing SALT to Diamond fields run is like comparing dogs to pictures of dogs 2 very dfferent things , their share price was $4.5 on the first drill results it went to $13.50 (your thesis falls apart now showing clearly that assets was worth much more) share price falls to $11.50 a month later Jan 1995 when 2nd drill results are duds holes #7 and #8 took the share price over $20 in Feb 1995 
 By may the stock was trading at $40 by June $80 at some point they did a 4 for 1 split and the company was sold at $43.5 ($174 pre split) 
 So as the price action clearly shows your comaprison to voisey bay is ridciulous 
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