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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 TeamEddieon Nov 05, 2022 12:33pm
118 Views
Post# 35075724

RE:Back to the point

RE:Back to the pointYou make a statement about outrageous price targets then proceed to make one $10 to $16 is your target. Quite a range there at this point you sound as bad if not worse than the guys on ceo 

You then proceed to give a guess on capex which is as absurd as your target range 
so you think a ramp to a dig and ship salt project will cost $300m I would at the least subtract $100m from that , Rowland ball parkes it at $120m before the inflation issues 

And for the record I would expect a buyout in the $4 area if you want to be realistic 

I mean seriously do you realize that you said $10 -$16 think about that it is a ridiculous range

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