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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 DeputyDawgon Jul 06, 2023 4:50am
104 Views
Post# 35528588

RE:Already

RE:Already
Liked2Think wrote:

Over 7 months late with the FS. Might as well at least make it a year late. 

and pumpers think this mine will be built in a year! Haha

they can't even get a FS done in a year

will take "Mr salt" 3 years to put in the first ramp. 



Difficult to argue with the negative sentiment. 

Still generally upbeat on the potential here and a new CEO and less conservative FS will reinject positivity, but who and when is the question and what damage will be done to confidence while we all wait.

Pat's performance over the last 12 months supported by his 2 mates on the Atlas board Noel and Edison has been a horror show. It's unfortunately a common problem with junior stocks, inept, under qualified and usually overly greedy management                 
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