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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 > OTC close today
View:
Post by silentrunning on Feb 01, 2022 4:25pm

OTC close today

Converted to CAD $ $2.03 CAD OR $1.60 US
Comment by silentrunning on Feb 01, 2022 4:57pm
High $1.72 OTC or day high $2.18 CAD
Comment by twoponds on Feb 01, 2022 7:02pm
I can't imagine buying Atlas on the OTC, they still use the Red Moon ticker there and probably aren't too worried about it or they would've changed that along with the SALT when they did it on the TSX..  I have Level 2 on the OTC and you'd have to bid high to obtain shares or you'd probably only fill a handful of shares.  Either OTC or TSX the bid and asks are ...more  
Comment by lifegoeson on Feb 02, 2022 9:48am
Twoponds, those are my thoughts exactly about the OTC. Many companies get a US listing but rarely put in a Market Maker to run the stock because it cost a lot of money. Not sure how it even trades down there as it is currently listed.
Comment by twoponds on Feb 02, 2022 10:38am
Virtually impossible( to trade)...just wonder what the economics are of not  getting ticker changed and promoted in the US.  That's a big market there.  Only thing is the OTC can be heavily manipulated, ie. shorting, seen it dozens of times, although the SEC has been cracking down on that.  Maybe a straight up NASAQ offering is what they're waiting for? I don't ...more  
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