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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 nedstar71on Jul 28, 2023 7:21pm
83 Views
Post# 35562630

RE:Buyout

RE:Buyout
Donwaan wrote: Using another bullboard posters formula: The high water mark for SALT was $4.48 almost a year ago, so (utilizing a standard 50% premium) $6.72 would be the bar that suitors would need to surpass just to get an initial bid through the front door.

Yeah that 50% premium isn't applied to the target's all time high, try maybe 30 day average sp.  
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