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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 Crunchy2chewon Aug 30, 2022 9:53pm
110 Views
Post# 34931331

RE:RE:RE:RE:Sources

RE:RE:RE:RE:Sources

The difference with salt is that the market is guaranteed as winters happen every year and will continue to happen. For public safety roads need to be de-iced.

There are only so many mines in NA and they are getting expensive to mine. There have been several large mines close their doors reciently. This will only add to the deficit of domestic production. Imports are costly and going to keep getting more expensive. 

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