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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 Liked2Thinkon Jun 30, 2023 8:47pm
112 Views
Post# 35523236

RE:RE:management has never kept a timeline,

RE:RE:management has never kept a timeline, at this point any price anyone says is almost as dumb as the "smart guys" calling for $76 a share not that long ago.

Its clear these guys just cant meet a time frame.  They couldnt get a FS done in the first two time frames so they came out with a PEA and tried to make it sound like that was the plan the whole time.

Drilling time is pathetically slow

new ceo in "a few weeks" was total BS

That letter they mailed out is a sad attempt to keep people interested for the longest FS in history to come out.

if it stays above a buck it will be a miracle.

Why doesnt one of those sall called "many interested parties" make an offer for $2.50 a share.  Like why not?
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