Atlas Salt Inc V.SALT

Alternate Symbol(s): REMRF

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.

TSXV:SALT - Post by User

Atlas Salt Inc > propping to raise imo

<< Previous

Bullboard Posts

Next >>

Comment by sorrensonon Nov 15, 2023 12:14pm

172 Views

Post# 35737092

RE:propping to raise imo

No bank will lend money on a project like this period . There is no assets to secure the loan and no revenue to pay the debt. If you could bank it they wouldnt bother with shareholders in the first place.