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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 general360on Mar 01, 2023 6:11pm
174 Views
Post# 35313749

RE:And now

RE:And now
Liked2Think wrote: ceo board is consumed with discussions about Trump.  Goes to show the kind of expertise on that site.

I guess when the stock goes up 7 cents but then loses 11 cents why not discuss some guy that doesnt matter to anything salt related.

well that and how a ceo that didnt have a job is going to be a huge benefit to salt.

No one can explain how the new ceo who has to have been sitting at home (good sign of a great ceo) is going to jack squat.

no buyers in site = have to take it to production = long long wait for investors.


its sad but kinda curious why a bunch of canadians are lining up to lick the trumpensuhrer's bag?  its gotten bad over there indeed. a few of them had some insightful stuff, but when you start spewing about how good trump was, and name just ONE thing he did that was illegal!?! so. many. examples.  just because he hasn't been convicted doesn't mean it's not illegal! i thnk we're still waiting on the convictions, and some have already been made. you think his CFO - who is guilty -  could tie his shoes without asking for permission!?  makes it hard to have a convo w/ anyone who hides behind trump's skirt, rabid fans don't listen to reason.

naming a CEO is either going to be a big massive triple/home run and we'll see big money flock to this....or it's gonna be some joe schmo and it'll do nothing for us.  it'll tell us how serious they are in moving this to production though.  so far it's empty words and changed messaging, look where that's got us.

moving to production is going to be a long, slow slog of it and it'll get worse before it gets better is my guess.  naming a joe schmo sounds painful to me.  if they're serious, then we're gonna get a BIG name and this should start to fly is my bet.

but the buyout can happen at any time, but only if the price is right. we can all agree to that.  so we're worth somewhere betwen now 120m (laughable for what we apparently have) to what? what is our full valuation when up and running at 4m a yr, the max our current design plans for?  compass at one point in the last rolling year was worth about 3.2B.  are we worth that much fully producing at 4m/t a year?  not pie in the sky when we're pumping out 10m / t a year, or 8m a year.  the design is for 4m t/yr.

then tack on a premium since we're so shallow, close to water, etc.  that puts us between $1.5 to $32ish /share.  + premium, if any.  you'd think we'd climb steadily up from 1.5 to the teens or 20s.. but only w/ a good name CEO announced, and FUNDING announced around the same time.  the CEO is only 1/2 the story. a so-so name + no funding?  garbage.  a good name + funding? Better! a GREAT name complete w/ full non-dilutive funding, we're off to the races!

we've bungled things to far = $1.5.
lets see what the next annoucement or 2 brings....


GLTA.  except to trump, he's a pox on humanity and not a true conservative.
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