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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 Jan 23, 2023 3:45pm
188 Views
Post# 35240582

RE:PEA

RE:PEA
Liked2Think wrote: To be released by "mid january" as per Atlast management via SLR.

Jan 23 today so the middle of a month = last week of the month now? Maybe

Or maybe its february like someone (I) said.

So WTF does "early 2023" Feasibility release mean?

If they dont know for absolute sure then management should just shut up putting out these dates.  It makes them look untrustworthly.  FRankly it makes it look like all this "great stuff" they have been saying about the orebody isnt all that great and they are hoping for just a bit more data to make it great.

if SLR told them middle of january I would have told investors end of january at the earliest.  I thought these guys were professionals.

FS out maybe by september


The January 11th press release refind the time to 2nd half of January 2023.

In hindsight it's obvious that this was likely done due to the pending private placement closing. If you've ever worked for a public company you'd know that there is a buffer period whereby you don't want to release meterial too close to each other, and that's not including fixed blackout periods. The PP closed this past Thursday/Friday. They'll likley wait a week or so to release the PEA. They also may wait until Monday as many companies don't release material news on Fridays as it tends to get lost in the shuffle (unless that news is bad and you don't want it noticed).
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