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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 goldanalyston Feb 09, 2023 12:34pm
801 Views
Post# 35277473

re:Buyout

re:Buyout Not expecting a buyout anytime soon. I would think we are being driven down because the commodities sector in general is getting crushed again. You can't get much more speculative than junior mining. Investors are extremely risk averse right now especially when a bond is paying north of 5%/a. Still think in a few years we will be well on our way to profitability. One good thing is that they're cashed up with $18M in the bank. I will be buying more during the summer doldrums in the event we get a buyout offer into 2024

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