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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 jazzlistener2on Sep 28, 2022 1:34pm
154 Views
Post# 34992751

RE:The future lies ahead

RE:The future lies aheadIn the future what might be the catalyst for a good price rise is not so much the release of the ffs, but the news or rumour that some company has gotten permission to talk to the company who did the feasibility study.  Any serious party would want to know how certain costs and designs were figured out. I don't believe there are any buyers lined up till concrete numbers are known. Board of directors or banks did approve big money  transactions because some  guy says we got lots of salt, honest as he may be.  Also after all the promotion has come to naught; just playing into the hands of the shorters and manipulators, I think the company will want to stick with just important news.Just as well.
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