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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Metals & Mining Industrial Metals & Minerals
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

Atlas Salt Inc > Salt
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Comment by coalnow2on Aug 06, 2022 10:37am
179 Views
Post# 34876247

RE:RE:RE:RE:RE:RE:RE:RE:RE:Salt

RE:RE:RE:RE:RE:RE:RE:RE:RE:Salt

You do understand if someone pays 5b for salt - that asset value now goes on that companies books.  Then once running and becomes the lowest per ton producer and selling 500mm or more per year with crazy profit margins - that companies earnings per share are better. As such that companies market cap increases and increases. 


 

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