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Bullboard - Stock Discussion Forum Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

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 "King" speaks lol....
View:
Comment by lifegoeson on Jan 20, 2022 3:30pm
Good volume today, back up over $1.75 on over 352,000 shares.... we are now 3/4 the way through January, results soon, and of course the critical feasibility study which will really put the value of SALT in perspective.
Comment by twoponds on Jan 20, 2022 4:38pm
Yes, volume is good, it really doesn't take much to move this stock up. There is virtually no selling, other than a flip for a couple of more shares, thus the uptrend.  The majority hold who understand the value here. Finalizing the feasibility study will allow value/numbers to be placed on the resource, but from the preliminary coring to date anyone invested here knows this resource will ...more  
Comment by Crunchy2chew on Jan 20, 2022 6:03pm
Hey twoponds, A gem indeed. I do think that $10/sh would be way too low though. I see a much much much higher price if bought out. I think $10 would be the price during the diging of the shafts before actual production. But a buyout, I think a moon shot.
Comment by twoponds on Jan 20, 2022 9:28pm
Yes, I know...it was a conservative estimate...  ;-)
Comment by Crunchy2chew on Jan 21, 2022 6:23am
No need to be conservative, this is SALT afterall. to the moon and beyond.  Someone on ceo said that quest trade i think is recommendinf SALT now   Weeeeee its going to be a fun ride
Comment by lifegoeson on Jan 21, 2022 12:55pm
Crunch, now that SALT is holding comfortably this price range, the bigger guys are beginning to look at it. When the price crosses $2.00, this is going to attract even bigger investment banks that are looking to get involved. They will want to make 5-10 times money, so this theory would support SALT could easily be worth more than $10. The story is pretty simple, SALT was pennies less than a year ...more  
Comment by Crunchy2chew on Jan 21, 2022 8:58pm
I agree Lifegoeson, but much more then $10. I am expecting to see it bought out actually. Once they have the final reports and resource locked down better let the bids fly. I am hopeing to retire off of this if it goes where I think it is heading.  I am expecting $100 or more buyout offer. Let me justify why I have this expectation by comparing to voiseys bay. Voiseys bay is located in ...more  
Comment by Jethro980 on Jan 22, 2022 10:45am
crunchy2    love it   lol  lol 
Comment by Crunchy2chew on Jan 22, 2022 3:26pm
Its just how I see it. I have gone all in on this and I am seriously hoping to retire from it. But I aint quiting work, yet LoL.
Comment by lifegoeson on Jan 23, 2022 12:29pm
Crunchy, I will admit, if one goes to their web site and looks at the corporate presentation, and give it a good read and conduct some due diligence on the content, it is hard not to be left with the impression that SALT has a high probability of succeeding. I believe the fast tracking of the feasibility study of SALT will set the price free.... ....."...... Red Moon Resources Inc. has ...more  
Comment by Crunchy2chew on Jan 23, 2022 1:17pm
Yup its not like you are betting on if the resource is there or if some product or service they are debeloping will sell well. Its a physical resource that we know is in the ground. And the location well you couldnt ask foe a better location. There is a lack of sufficient domestic supply and thus a huge market for a product that is needed every winter. The guy running it has contacts with the ...more  
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