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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 May 15, 2023 12:25pm
191 Views
Post# 35448478

RE:RE:RE:RE:RE:RE:RE:RE:FEBRUARY

RE:RE:RE:RE:RE:RE:RE:RE:FEBRUARY
Jethro980 wrote: It's a solid start. 


except business isn't run that way.  NOBODY signs an MOU w/ an entity that doesn't even have sales yet.  But who knows, maybe NL is in the business of signing docs to say we'll support buying from your company with no current operations, to a price you can't commit to years in advance, for a quantity you can't commit to either, or delivery which you've never done before.

you'd also have to know that governments - state/local/fed don't sign MOUs for purchases.  they may issue a request for information (RFI) or a request for proposal (RFP) for purchases, but they won't do an MOU for a purchase.at least not any gov't entity i've ever dealt with. A directed MOU removes the competitive process the gov't is obligated to follow.

im not holding out hope for an MOU.  just look at the MOU b/w Canada and Germany for hydrogen.  not even worth the paper it's printed on!  doesn't identify any company, or timelines, or volumes or dollars, etc. toothless and worthless.  just look at how we ran up in excitement then the MOU hit the wires and it had nothing firm...

nah, black box operations it is for the time being. NO VISIBILITY into what's going on now, if anything.

thought we were promised lots and lots of news "in the new year". Just wait Cindy!  5.5 months into the new year and the news is LACKING.

promo coming!!  yeah, right...
short term/ immediate term:  I'm still waiting!

foul monday morning...
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