Atlas Salt Inc REMRF

Primary Symbol: V.SALT

Metals & Mining Industrial Metals & Minerals

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.

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Atlas Salt Inc

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Post by NLMooseon Sep 12, 2023 1:07pm

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Post# 35631857

I Guess Investors Don't Care About NPV and IRRs

With Atlas Salt shares now falling close to "Penny Stock Status", meaning share prices are less than $1.00 per share, I guess people don't care about the high NPV and low IRRs the Great Atlantic Salt Project will bring.

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