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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 Zephyron Jul 22, 2023 6:16pm
140 Views
Post# 35553061

RE:always a endless supply of shares for sale

RE:always a endless supply of shares for sale

This is not a 'company' in that way. This is not a company with a revenue problem. This is an undeveloped asset. The biggest issue we have now is the CEO who found the deposit is out of his element with exploration-type work done.

A different skill set is needed now to propel this toward development and hopefully it gets bought out long before then.

The new CEO will be here shortly (I expect announcement next week). Once the new CEO gets familiar with the FS they will roll that out (yes, I am highly confident it's complete).

Things should ramp up once the CEO is in place for a few weeks. We just need someone to systematically tick the boxes to advance this project towards operation.
 

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