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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 Laruch12on Aug 04, 2022 8:11pm
230 Views
Post# 34872828

Comparisons with Goderich/ Compass

Comparisons with Goderich/ Compass
atlas salt can produce up to 8 million tonnes annually. Goderich does 2 million tonnes from an underground resource. Compass trades for 34 dollars U.S. Atlas 3.50 Canadian. Is atlas undervalued? Hell yes! Can surface mine plus salt domes plus gypsum And other mineral sales contribute to the bottom line as much as lithium sales do for Compass? Maybe yes. Can Atlas trade for a lowball 50 percent of compass? Yes! That's over 20 dollars $c. Can it trade for 34 US dollars? Eventually, once in full production. Thats over 40 $C. Are these guesses just a line of bs? No. Glta
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