Post by
Laruch12 on Sep 09, 2022 2:46pm
Climate change has many variables and multitude impacts
this discussion or rather mudslinging match over climate change is far too superficial. Yes climate change is very very real and all data proves it. Yes there are melting of glacial cover and polar caps. Yes the high arctic is warming most of all BUT no, this does not mean we can predict with any precision winter weather in Canada and northeast USA. For example, we are currently looking at the possible impact of sudden stratospheric warming caused by strong typhoons in the Indian Ocean. Said typhoon intensity may be related to global impacts of climate change. Yet such an event can disrupt the polar jet stream resulting in warmer arctic temps and colder snowier winters in northern usa and southern Canada. Will there be milder winters in 10 years? Probably. Will there be snowier winter episodes nevertheless,? Most likely. Will more or less road salt demand occur? Only a fool would say they know the answer to this for sure. Climate change science is complex. We likely will have more climate emergencies such as stronger hurricanes, flooding due to heavier rains and massive snow events in more northern climes in north America and Europe. Atlas Salt will do ok in this scenario. I put my bet down on holding long and producing the heck out of a modern low cost salt mine! (I agree that this may be better for us shareholders than a quick buyout. But who doesn't need the cash sooner than later like me.,.... so make me an offer for my shares.All are for sale at the right double digit price!
Comment by
TeamEddie on Sep 09, 2022 2:49pm
the reason I think going to production is better is when the extremes work in our favour the share price will run - most likley over $7 A buyout would be closer to $5 ATLAS puts up on $100m to develop a mine and easily gets all the money back a company buys at say $500m +$100m to develop a different scenario for them