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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 Jun 11, 2022 12:01pm
239 Views
Post# 34749289

Will there be a surprise at PDAC...?

Will there be a surprise at PDAC...?I doubt the halt everyone is talking about is real. Although Rowland has been very guarded with what is going on, as evidenced by over 3 months with no press releases, then releasing drilling results that dramatically surprised everyone, i.e. two step out holes when no one knew that he had drilled more than one hole. Obviously the drills are turning fast with yet another amazing hole released on Friday (catching again everyone by surprise) that increased the potential resource significantly.

Rowland is at PDAC, no doubt talking with majors, institutional investors and anyone else who will listen. Parties, drinks, and discussions. Apparently a video coming out this Sunday night, and who knows if anything next week. They are going to have a site visit, and looks like the listing in Germany is about to go live (9D00 I think).

Also mentioned yesterday, Atlas has retained Sagacity Capital Media for a term of one year to provide advertising and marketing services for the company for a total fee of $39,000 (plus tax). Sagacity has also been granted 125,000 consultant stock options, exercisable at $2.25 per share for a period of one year, subject to TSX Venture Exchange approval.   This tells me there is more upside to come or why would these guys even consider such high incentive options....!!!!


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