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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 May 03, 2022 11:21pm
97 Views
Post# 34653685

RE:RE:RE:28.891.000 shares

RE:RE:RE:28.891.000 sharesNo one knows what will be bid or even if we will get a bidder to takeover. There is not enough public info for any prognostications as of yet. Until such time as the resource is proven and resource is viable we are only guessing. I love the big numbers that have been tossed around but they are at this stage silly.    This said when and if a suitor comes bidding we better have tough negotiators the likes of Diamond Fields Robert Friedland.  Otherwise this will be given away for a song 4.00 ish!!!   Gotta be tough to succeed to that kind of battle.   And maybe Salt can just develop it all themselves. Based on numbers thrown around with potential profits a self-developed project could generate nice profits and a share price of around $8.00 to start.        Overall based on what I see my vote would be to have SALT develop it.     Mayby after it is operating then someone can come and pay top dollar.  

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