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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

Comment by DeputyDawgon May 24, 2023 2:40am
210 Views
Post# 35461330

RE:RE:Press Release

RE:RE:Press Release
wreckhouse wrote: When you see a large volumes and price moves they are getting close to naming the new CEO . BCRNW


Generally correct but we all know the news is coming. My expectation is on 3 weeks more. It's whether investors decide to jump in pre the news at these prices. I have because there appears little stock at this level and I think in 3 months time buying at around $1.20 will prove a good decision, but time will tell. I also think and hope that once it moves it could do so quickly.  

I am also factoring in the 27.5m shares SALT have in TRP to my current value of SALT and  that leaves Great Atlantic left at silly money.  

The reference in the recent update about TRP releasing news soon was interesting and maybe that will come first. I expect to hear about many more potential domes than already announced. 

We also have the full FS still listed for late Q1 but I would not be surprised at a delay of 4-6 weeks whilst the new CEO gets his feet under the table. 

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