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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 Canticleon Aug 08, 2022 1:57pm
167 Views
Post# 34879378

RE:What's going wrong for Atlas Salt?

RE:What's going wrong for Atlas Salt?
This is why retail investing is fraught with people losing their shirts. This is pretty standard in any kind of long term run up for a preproduction speculative stock. There will be a time highs followed by profit taking and retrenchment, usually establishing a new range. If you bought Atlas Salt based on a specific premise and have set yourself the appropriate exit points, the day to day movements become largely irrelevant.
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