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Atlas Salt Inc REMRF


Primary Symbol: V.SALT

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

Post by NLMooseon Jan 31, 2023 2:15pm
325 Views
Post# 35257451

Atlas Salt Is Getting "Candlepinned" For Great News

Atlas Salt Is Getting "Candlepinned" For Great News

Atlas Salt reports great results in the Great Atlantic salt findings, including a $900 million Net Present Value, 22% Internal Rate of Return, and 4.2 years Payback Method.

In spite these great results, Atlas is getting punished as opposed to be rewarded.

Mathematically speaking, based on these great findings, Atlas Salt shares should be trading at $10.00 a share, not plunge below $2.00 a share.

Talk about getting "Candlepinned", named after a Bowling variation known as Candlepin where Bowlers get punished for making great shots, and that's wrong.

Shame on you investors who put Atlas Salt down.

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