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 > Value of the Triple Point

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Comment by DeputyDawgon Sep 05, 2022 2:46am

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Post# 34941383

RE:RE:RE:RE:RE:RE:RE:Value of the Triple Point

Baby steps here. 23.75m shares to Atlas shareholders, a chunk to be retained by Atlas and a chunk to sell off probably to Fortescue to raise around $10m. That will pay for extra drilling to search for more domes especially along St Fintans and also to pay for the FS. Then either bring partners onboard or wait for a buy-out. I think they will settle at 70c - 90c until news but potentially could be more on the hype.

Pleased to read Like2Thinks comments. A different dimention even if you some here dismiss them and only see what they want to see.

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