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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 Zephyron Oct 26, 2022 12:26pm
145 Views
Post# 35050259

RE:RE:RE:RE:RE:RE:YoYo...

RE:RE:RE:RE:RE:RE:YoYo...
Liked2Think wrote: Thats good stuff.

my only worry was this stock getting trapped by the market manipulators.  AKA the $76/share crew and then the basher squads. Dump politicians havent helped the economy and I dont have time to wait antother 10 years.


If you are a long (not selling in the interim) and feel confident in what you have, those outer bounds won't matter. I have not sold anything and have even added shares during this unexpected dip.

This is a pure M&A transaction IMHO (unless the company can't realize fair value to maximize shareholder value). If this is for sale (which I think it is) and Atlas has retained a 3rd party M&A consulting firm, this will be sold for its fair value no matter where the share price trades in the interim. Lol, what that selling price ends up being is the big unknown but if anyone is in at sub-$2 cost as we are trading now then that's a no brainer in my opinion.

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