Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jun 05, 2022 10:29am
246 Views
Post# 34732427

The price will be going higher.

The price will be going higher. I could be wrong, who knows, but based on the fundamentals of SALT, i.e. huge resource, free share spinout coming, second potential salt dome, etc., for those thinking this is just a hoax, or the price is being pushed by a bunch of hypsters, I recommend reading SALT's corporate presentation on their web site, then add to this presentation data from the last 6 Press Releases indicating expanding resource and new discoveries, and if I may also add their recent financials indicate as of March 31, 2022 they had over $8.7 M in the bank. And another key element of SALT's share structure is VUL owns about 28 M of free trading shares in the market, thus removing another portion of the trading potential. The end result, SALT has traded close to 10 M shares over the last 3 weeks forming a nice base of shareholders above $2 who are looking to average up, not sell. And from Press Releases and Interviews, there is much more to come.
<< Previous
Bullboard Posts
Next >>