Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 general360on Nov 05, 2022 6:02pm
119 Views
Post# 35076072

RE:RE:RE:RE:RE:RE:Back to the point

RE:RE:RE:RE:RE:RE:Back to the point

TeamEddie wrote: at least you are reasonably realistic

I see it priced at a 10 year mine life and 1-2m tonne a year 

 

 

If you see 10 year mine life, I guess compass is wasting their time and everyone else's time by running cash flow analysis for goderich through 2094

https://www.sec.gov/Archives/edgar/data/1227654/000122765421000309/cmp-20210930xxex964goderic.htm

l
ook at table 19-1 Life of Mine Cash Flow Analysis and marvel why years now +11 through 2094 are non zero.  By your logic these are nil. 2094! Not 2032. 

so it's worth billions.  But you think someone will come in with a straight face and offer 4$, which we've already seen. And we should jump all over a 4$ offer?! Do I have this correct?

so management, please ignore goderich projections for the next 70 years and go get me 4$ per share. We can settle on 10 year projection and call it a day. 4x 95m shares, so less than 400m  for billions in salt.


sheesh. 

<< Previous
Bullboard Posts
Next >>