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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

Post by Jethro980on Apr 09, 2024 2:41pm
171 Views
Post# 35979602

BUYOUT

BUYOUT This will not be developed by Atlas / Vulcan. Atlas must demonstrate ability and viability of it but this is a sure buyout stock. Will be bought by a major my best guess is Fortescue Metals. Price now is a best guess as I had anticipated the 12.00 range a year ago but now I'm thinking closer to $5.00 to $7.00 range. Im loaded on both Atlas and Vulcan so will turn a tidy return.
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