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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 lifegoesonon Apr 30, 2022 1:07pm
196 Views
Post# 34644929

Reality.... Show me the Money.

Reality.... Show me the Money.The only time we are going to find out what SALT is worth, is when someone makes an offer. Making comparison to other companies, all with different mining methods, resource estimates and most importantly, different share structures, is a good due diligence data point, but only instructive at best.

We know the resource estimate of SALT and that they having been working on a Feasibility Study for close to a year. Integral to the studies conclusions are results from the current step out drill program because it influences the type of construction and economic valuation.

Let's hope the market hang together.
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