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 > Not derisked, not by a long shot

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Comment by loopsbutterflyon Oct 31, 2023 2:53pm

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Post# 35709765

RE:Not derisked, not by a long shot

I have the feeling the very high CAPEX is the main reason a lot investors got ride of their shares and maybe some of those need to do that in order to be part of the next PP at lower price.

Probably they want the warrant for free.

just my 2 cent

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