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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 nedstar71on Jan 21, 2023 12:55pm
285 Views
Post# 35237441

RE:Private placement at $2

RE:Private placement at $2
nedstar71 wrote: I'm fine with that but the half warrant also at $2.40 is a bit generous if you ask me.  The stock was trading almost that high just this week.  Roland recently said they had more than enough short term cash so what is the rush?  Why not wait until after the PEA? 
I guess we now know why the stock was acting weak, as anyone taking part in the private placement could short it, make 10% and get free warrants.  

Was just reading yesterday's CEO.ca comments.  They finally seem to be catching on to what I said 8 days ago now that the short numbers are out.
"I guess we now know why the stock was acting weak, as anyone taking part in the private placement could short it, make 10% and get free warrants"
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