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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 > Massive raise needed - short?
View:
Post by TeamEddie on Nov 11, 2023 8:40pm

Massive raise needed - short?

With the cost of borrowing there is a high probability they will need a massive private placement lower than the current price, perhaps a large player takes a lot of it but we may see a 50% drop before production
Comment by Toppicks1 on Nov 13, 2023 10:24am
Private placement could be coming but my thoughts are could be at a higher price.