Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by general360on Sep 10, 2024 12:19pm
74 Views
Post# 36216821

RE:RE:RE:Atlas Salt Enters Strategic MOU

RE:RE:RE:Atlas Salt Enters Strategic MOU
sorrenson wrote: Its absolute fluff  to be polite . "Non-binding and subject to customary due diligence"

They have nothing and this means absolutely  NOTHING They need 480 million 2024 dollars .  


jazzlistener2 wrote: positive development. but vague on the terms of the 73 million financing. the whole story wiil come out eventually I guess. 




that's a lot of FLUFF!  is that what you're saying?

Scotts - 1.5 MT/year - maybe around 150M revenues, and @ 50$ profit/Ton , that's about 75M profit EVERY YEAR.
Sandovik - 73M financing

is that around 200 million of FLUFF?  smoke and mirrors?  what's it gonna take for this to NOT be considered fluffy?  do these need to say BINDING AGREEMENT?  or not say "non-binding" ?

sheesh... good on the team, but c'mon MR MARKET, let's get rewarded a bit!!
<< Previous
Bullboard Posts
Next >>