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.

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Atlas Salt Inc > Value of the Triple Point

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Comment by general360on Sep 05, 2022 11:30am

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Post# 34942150

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

Fortescue gets nothing. initially anyways. If they want in, it'll be done via private placement after the fact, not the spin out. That's why I'm asking what it'll cost to develop the domes.

Dilution. such a small float initially means big value or it'll be bought out. Cant see big money raised without diluting into a minority position.

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