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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 > Good news
View:
Post by MisterThor on Feb 11, 2023 3:58pm

Good news

Find a message from another board here : Finally someone in the circle gave an info to a person working for ATCO mining that the 2 names who are interested to buy Atlas are waiting for the FS to come out to negotiate an offer price for THE buyout we are ALL waiting for ! Papers are in preparation. It smells good. We have to wait approx June to know the names and it let us to accumulate maximum shares before the big payday ! Like Rowland said they waiting the FS who includes the last big drill to give the full and precise value of the project.
Comment by Liked2Think on Feb 12, 2023 7:50pm
you dont honestly expect anyone here to believe what a stranger posts on this board do you?
Comment by MisterThor on Feb 12, 2023 8:21pm
Believe what you wanna ..... Buyout soon is possible. Rowland talk about it in a video.
Comment by Liked2Think on Feb 12, 2023 10:46pm
yeah he has been talking about it for awhile. doesnt mean they are close at all why would companies be waiting for the FS to come out when the SP is sitting at $1.57 right now.  Make an offer for $3 and be done with it.  If a company is actually waiting for the FS before they make an offer it is run by a bunch of morons
Comment by Willsridge on Feb 13, 2023 2:51pm
I believe Atlas is waiting for FS before entering hard discussions regarding buyout price. Like any other buyout, hard numbers such as asset valuation, potential markets etc are required.  My personal opinion is that for the competitors to survive and thrive they want and need this asset. Just a guess but 5 dollar buyout very doable
Comment by Liked2Think on Feb 13, 2023 4:04pm
sure would had been nice then if they had been at least somewhat close to the original FS date but they have blown past that by a mile. The likelyhood it will be "early half of 2023" WTF does that even mean is slim in my opinion. the guys in control know they have a good piece of land but why are they in a hurry?  Investors seem to think they are in a hurry but if I was making ...more  
Comment by spine on Feb 13, 2023 10:01am
What board ? link ?
Comment by MisterThor on Feb 13, 2023 1:20pm
We have like 4 months before the FS release. They said first half of the year so the price have time to go up. The post is on yahoo conversation channel.