RE:RE:RE:RE:RE:New Press Release - Atlas Salt Announces CFO Transition, Project Progress and Investor Relations CampaignVery bizarre!
a scottish firm!? i mean, sure, we're all global now, but scottish firm!? for a canadian listed company?
2022!?!? who cares about 2022! that's the year we all got fleeced!
Jan 4 2022 SP = $1.75
Dec 30 2022 SP= $2.01
with a run up to 4.5 during the summer. there was no IR campaign back then, since this was "on hold" !?
and now we're gonna start 'er up for a measly 4 weeks!? for that kinda money, 260k !?!?!? efff me that's a BOATLOAD of cash for such a short amount of time. we'll see if that does anything to our SP in the next couple of weeks.
thanks sorrenson for pointing out the notice of meeting being posted. so far in advance too? funny, i've never thought about the timing before, that's a really good point if this is out of the ordinary.. if so, then i'm expecting a very large move off of our pennies now...
final point: no new CFO? someone else filling in? is that a strange coincidence? Given all the notice we've had, and this was our primary money guy? and no offence to Alasdair, but he's not an accountant or CFO:
NR: "Mr. Federico holds a Bachelor of Commerce in addition to a law degree. He has over 15 years of experience working with publicly traded mining companies, has overseen strategic planning, public company reporting and compliance programs, company controls, and risk management, and will be supported by a strong accounting team."
other interesting industry developments in salt:
https://cleancayugalake.org/wp-content/uploads/2024/01/Cayuga_Salt_Mine_Sale_Fact_Sheet-Final5.pdf
"Cargill, Inc., one of the richest private companies in the U.S., reportedly plans to sell the
Cayuga Salt Mine in Lansing, NY. There is a rumor that Compass Minerals has already
begun due diligence. There is rumor that Cargill has asked the DEC for permission to
mine their mineral rights under Lake Watch and other areas south of Gulf Creek."
from 8/29/24, updated 9/24/24
https://www.ithaca.com/news/regional_news/future-of-cargill-s-salt-mine-remains-in-limbo-as-advocates-warn-of-potential-mine/article_621c8372-6562-11ef-9f59-87f70941012e.html
"Cargill put their mine up for sale last June, but George Patte, member of the steering committee of CLEAN, said there have not been any solid buyers, leading him to believe that Cargill may shut down and permanently close the mine."
"Cayuga Salt Mine produces road salt for deicing roads. One report
shows demand for deicing road salt flattening in New York over the next 10 years. The
two road salt mines in New York produce about 7X the demand in New York State. In
2022, Stone Canyon Industries Holdings closed its Windsor Salt Mine in northeastern
Alberta, Canada, “for financial reasons.”
guess we'll see what develops over the next 4 weeks. pump coming? or pump and dump once the 4 weeks are up?
nedstar71 wrote: Amazing how this has become so dead. News releases don't budge it in either direction as they've clearly completely lost the audience. 5k in volume.