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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 Jethro980on Dec 03, 2022 8:35pm
180 Views
Post# 35149064

RE:Rarer than Hen's Teeth I tell ya...🎅

RE:Rarer than Hen's Teeth I tell ya...🎅Good article but dated Nov 8th.  Atlas has great potential but I suspect they are being squeezed in the negotiations due to higher interest rates. The higher rates will make it much more difficult for Atlas to develop this mine themsleves.  Any suiters are using this to thier advantage. Key is Atlas has to hold fast and stay tough. Do a deal if you can but not under a pressure situation. Also, I still have to wonder about Triple Point, is it being held up due to negotations on other buyouts specifially realt to the salt domes.  Overall my view is buy and hold Atlas and if and when Triple Point is priced assuming a low price in 30 cent range I would buy more and hold that also. One last note, in my opinion anyone trying to day trade Atlas would in my view be insane.     
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