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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 Jethro980on Mar 15, 2023 3:53pm
384 Views
Post# 35340864

Buyout of 13.00 in two years

Buyout of 13.00 in two yearsThis will get bought out for around 13.00 per share if shareholders stay tough. It is as simple as it sounds, buy and hold.   1. Is the resource there and can it be exploited efficiantly? YES  2. Does the resource offer benifits over the overseas tonnage of 7 million tons.  YES     The answer to both questions is YES.   We obviously have some battleing going on re buyout prices as suiters are low balling this massively becuase of high nterest rates. They are betting that SALT shareholders will cave.  Many have thus the drop.   This said, buy and hold and also understand that you will need to hold for about 2 years.    
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