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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 Jul 13, 2023 9:28am
98 Views
Post# 35538997

RE:RE:RE:management regurgitating the same news

RE:RE:RE:management regurgitating the same newsYou are right Zephyr. The FS is a technical document. Shareholders do no need to understand the detail. The important thing is that industry experts can reasonably expect the numbers to be achievable or enhanced. They will make their own adjustments to the numbers for the different output scenarios.     

It is vital we have someone with credibility to present the FS and speak on it with authority, and for potential interested parties to know Atlas could take the project towards production if no buy out offer comes close to their valuation. 

I think management were hoping Pat could limp through and hand over the baton but delays and shareholder discontent has resulted in him being effectively removed but they have not  embarrassed him by announcing it as such. At least the Board are listening.      
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