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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 > Credit Suisse just just crossed 352,405 at $1.82
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Post by lifegoeson on Feb 11, 2022 12:07pm

Credit Suisse just just crossed 352,405 at $1.82

That cross by Credit Suisse today was worth about $644,000. Let's hope this was a pickup by a fund, it certainly wasn't a penny flipper. Let's see what happens by the end of the day, but in my opinion, SALT has had a great week of trading and continues to trade near its highs. I also think VUL is beginning to thin out a little as most of the loose float has been bought. We are almost half the way through February, let's hope the current hole being drilled hits.
Comment by bomstocks on Feb 11, 2022 12:50pm
@Lifegoeson, I could not really understand your msg. Could you expand the first sentence of your msg a little? What was the actions of Credit Swiss? Please indicate all money in USD or $C. Thanks.
Comment by lifegoeson on Feb 11, 2022 3:45pm
Bomstocks, I just got back and now that there is about 30 minutes left, I can explain a little more. In the morning, Credit Suisse, broker #72 on the gray sheets crossed about 352,000 shares at $1.82 worth about $644,000 CDN. The point I was making, it was such a large amount in one trade, so I think it could have been picked up either by a fund, or a very wealthy person looking to pick up a big ...more  
Comment by bomstocks on Feb 11, 2022 5:01pm
@lifegoeson, Thank you for this valuable info. Now I understand. This trade happend outside of trading houses. Now at least I have some cofidence the floor for remrf is CDN 1.82 or around  USD 1.4. Again, thanks.