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Bullboard - Stock Discussion Forum 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... see more

TSXV:SALT - Post Discussion

Atlas Salt Inc > The Atlas Salt and Vulcan Minerals "Candlepinning" Continues
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Post by NLMoose on Feb 02, 2023 12:03pm

The Atlas Salt and Vulcan Minerals "Candlepinning" Continues

The "Candlepinning" of Atlas Salt and Vulcan Minerals continues for a third day in a row as both their stocks are experiencing another decline.

Obviously, investors never took a Finance course or learned about Capital Budgeting in their lives.

With a $900 million Net Present Value which will generate large economic spinoff's for Western Newfoundland's Bay St. George, Corner Brook, and Bay of Islands areas, what can go wrong?

To punish Atlas Salt for a $900 Net Present Value on Great Atlantic salt project is the same as punishing a Candlepin Bowling legends like Tom Olzsta, Paul Berger, Joe Asline, Dave Richards, Tim Lipke, Tom Morgan, Tony LeBlanc, Kansas Snow, or Rick Martin for making a terrific shot in getting a Spread Eagle as opposed to a Strike.

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