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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 25, 2023 8:47pm
206 Views
Post# 35360682

RE:RE:RE:RE:The Atlas Salt Game Plan

RE:RE:RE:RE:The Atlas Salt Game PlanYes you're definitely right about these points. I see ads on tv showing 19 year olds trading stocks on their cell phone apps. If this is actually happening in real life you gotta wonder if these people actually know what they're doing. Some of these people tend to panic and bail for whatever price they can get if the share price doesn't rise in a day or two, I will say however the more people trading stocks the better it should be for the industry as a whole, as long as they are trading smartly. Salt was definitely overbought when it shot to $4 a share after the Stephenville meetings, but most holders at the time probably figured this is it, here we go. As for junior companies raising money, it's unfortunate that surprises often occur, but it's against the law to announce financing beforehand as I do believe that would constitute trading violations. The pea was definitely positive, but with most news releases there's almost always something the public doesn't like, and the no buyer now plus the fact that production wouldn't be starting for 5 years from now obviously turned off short term holders. Gtla
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