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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 > If they raise to go to production
View:
Post by TeamEddie on Sep 14, 2022 5:39pm

If they raise to go to production

hard to see them doing it below $2
Comment by MoneyK on Sep 14, 2022 7:47pm
IF they bring this to production themselves, I dont think raising funds would be an issue and dilution, if any, could be minimal. Who would not pay a good amount for 1% NSR? Anything missing after that... a bank should be more than happy to finance the rest! IMO. MoneyK
Comment by MoneyK on Sep 14, 2022 8:04pm
What if Vulcan sells that 1% and finances the construction in exchange of an even larger ownership in Salt? ;) IMO. MoneyK
Comment by granniegrant on Sep 16, 2022 12:12am
Sorry you’al! What is an NSR? I hate abbreviations! Spell it out.
Comment by Donwaan on Sep 16, 2022 10:04am
NSR = Net Smelter Royalty. Like a trailing commission on future production.
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