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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 Liked2Thinkon Sep 27, 2022 12:13pm
78 Views
Post# 34989624

RE:RE:RE:LOOK IN THE BACKGROUND

RE:RE:RE:LOOK IN THE BACKGROUND
twoponds wrote:
Liked2Think wrote: thats great to have there cant deny that.

Does Atlas own that conveyor setup?  did they build it?  Do they have salt to put into it today if its not damaged? If it is damaged are they in charge of repairing it?

you mistake my questions as if I dont think this will be a great company and mine one day.  I have not changed my view on that.  What has happened though is the pumpers took control of the stock and pushed it to new highs on the BS that was $76/share and the benefits of the spin out. All of that was BS though and when the climb stalled the stock price crumbled just as I said the unrealistic pumping would do.

Its clear the shorters or whoever it is that is driving down the price of this stock are in control.  why would I hold on and wait for them to take it down to new lows?  Anyone that doesnt think this can go below $1.50 or a $1 is crazy.  I dont think it will go that ow but I didnt think it would ever go under $3 either.




-firstly, no they don't own the port conveyor system, how could they, I believe it's privately owned.  They will most likely lease it.  They're not obligated for repairs.  They will own most likely all the conveyor system to the port.
-secondly, there's no pumping here...period.  It's really just those who know the value in this stock, the company, the deposit, the "disruptive" potential and the inevitability that we'll have a very desirable asset/mine real soon. 
That being said, I'd be surprised if not onl
y TPR is bought out but also Atlas as well.
...two



So if they dont own the conveyor or need to repair it if it was damaged then how would any damage to it affect stock price when they are currently not using it and have no plans in the near future.

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