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Atlas Salt Inc REMRF


Primary Symbol: V.SALT

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

Bullboard Posts
Comment by maniacon Nov 18, 2003 12:18am
82 Views
Post# 6663690

RE: returning to an exchange near you!

RE: returning to an exchange near you!I phoned the company and talked to david malouf. I asked for an update as to the progress of the company. He told me that they had raised 1 million from one investor who will now have a board seat. Apparently this person who isnt named yet is quite well connected. Also a second person has invested 150k in the company and want to invest 150k more. The second person is someone who invests in alot of juniors and through his research thinks RMK is much better than most other companies he has invested in.
Bullboard Posts