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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

Post by NLMooseon Feb 02, 2023 12:03pm
265 Views
Post# 35262473

The Atlas Salt and Vulcan Minerals "Candlepinning" Continues

The Atlas Salt and Vulcan Minerals "Candlepinning" Continues

The "Candlepinning" of Atlas Salt and Vulcan Minerals continues for a third day in a row as both their stocks are experiencing another decline.

Obviously, investors never took a Finance course or learned about Capital Budgeting in their lives.

With a $900 million Net Present Value which will generate large economic spinoff's for Western Newfoundland's Bay St. George, Corner Brook, and Bay of Islands areas, what can go wrong?

To punish Atlas Salt for a $900 Net Present Value on Great Atlantic salt project is the same as punishing a Candlepin Bowling legends like Tom Olzsta, Paul Berger, Joe Asline, Dave Richards, Tim Lipke, Tom Morgan, Tony LeBlanc, Kansas Snow, or Rick Martin for making a terrific shot in getting a Spread Eagle as opposed to a Strike.
 

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