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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 > Comparisons with Goderich/ Compass
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Post by Laruch12 on Aug 04, 2022 8:11pm

Comparisons with Goderich/ Compass

atlas salt can produce up to 8 million tonnes annually. Goderich does 2 million tonnes from an underground resource. Compass trades for 34 dollars U.S. Atlas 3.50 Canadian. Is atlas undervalued? Hell yes! Can surface mine plus salt domes plus gypsum And other mineral sales contribute to the bottom line as much as lithium sales do for Compass? Maybe yes. Can Atlas trade for a lowball 50 percent of compass? Yes! That's over 20 dollars $c. Can it trade for 34 US dollars? Eventually, once in full production. Thats over 40 $C. Are these guesses just a line of bs? No. Glta
Comment by granniegrant on Aug 04, 2022 9:14pm
Good post!
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