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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 Riggo44on Mar 22, 2023 1:29am
172 Views
Post# 35352897

RE:RE:The Atlas Salt Game Plan

RE:RE:The Atlas Salt Game PlanFurther if I may... keep in mind Atlas Salt management individuals hold more shares than any of us I would believe. They have more cash on the line than we do. I doubt they feel the pressure to sell the project at today's share price, definitely not at the $2 to$2.50 range that's been lately suggested. They're probably looking for closer to $10 a share, but it would be difficult to get that right now. They're not in the business to appease anyone looking for a quick buck in the stock market, that I can promise you. Not many companies are. There's no pressure from their perspective to sell below what this is worth on paper. As for sp, there will probably be support at about 1.00. The public likes round numbers. Hold your shares if you can afford it. Things will get better! 
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