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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 > SALT pushing higher on a Friday...
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Post by lifegoeson on Feb 04, 2022 10:13am

SALT pushing higher on a Friday...

Generally always good to see stock prices surge on a Friday... SALT is at $1.83 on over 200,000 shares in the first 30 minutes.... I know we aren't in production yet, but the big ice storm across the upper US and into Altlantic Canada is chewing through salt.  With the ups and downs of Global warming, Cold warming, and the cycle begins with higher highs and lower lows, this can only be good for SALT in the future.... and I mean getting acquired....
Comment by twoponds on Feb 04, 2022 10:52am
Yes, nice push this morning, there is significant interest by volume even now at 10:50 am EST.  Not sure, as I've mentioned before, that "acquiring" Atlas is cast in stone. Just because "Mr. Salt" needs to cap his career with the last feather in the cap and wants to bring this buiness to it's full potential first.  That's where you'll really see value ...more  
Comment by lifegoeson on Feb 04, 2022 11:07am
Twoponds, it does get exciting when one is riding a winner. "Mr Salt" is certainly pushing every directions, emails,twitter, etc.... When the price crosses $2, the bigger funds will step in to provide shareholders with a real lift in price I hope.
Comment by twoponds on Feb 04, 2022 11:35am
Yes, you are correct at the $2.00 mark.  I wished to that end flippers here would get that concept.  Some are traders that focus on accumulating a few more shares, but the big picture is once you maintain a share price trading level it will get the attention of Institutions.  Then watch this baby blow up.  Once Institutions get involved who knows what the SP will be under the ...more  
Comment by lifegoeson on Feb 04, 2022 12:14pm
Twoponds, I just went to SALT's website and looked yet again at their corporate presentation just to assure myself as to how much money could potentially be made here. Do some comparisons to other companies, market positioning, distribution routes, resource size, etc, this is a pretty compelling value proposition....    Today already traded 800,000 shares.... that is about $1.5 ...more  
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