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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 Crunchy2chewon May 28, 2022 3:56am
120 Views
Post# 34714054

RE:RE:RE:RE:RE:spinco & SALT valuation

RE:RE:RE:RE:RE:spinco & SALT valuation

When i say industry killer i am refering to the mines in north america.  Take godridge i believe it costs likr $44 just to mine it. I am not refering to world wide. But they could absolutly destroy the profit structure and viability of existing companies.  They will displace most of the 10 million tons of imported salt from the turd world. And the 2 million tons of production estimate is old. Rowland already had handshake deals for more then that and ground is not even broken yet.  This is bigger then most know. 


and yes i would not be saying $50+++ without its unique position it will have in the easyern north american market and posdible biding wars. 

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