Atlas Salt Inc V.SALT

Where is the bottom?

[Donwaan]

And just what is going on here? Yes SALT has a world class salt deposit but it is trading like a typical smoke and mirrors speculative resource stock. Did the share price just get way ahead of itself on spin alone?

[Liked2Think]

with the talk of the ridiculous 76 dollar a share i kinda figured this was a pump and dump but the management and orebody made me think against that. Now this is either a great pump and dump or the guys that got all those cheap shares a year ago is selling everything for large gains.  Guess they dont have faith it will go higher anytime soon. Also I bought more today so of course that means

[goldanalyst]

yes it got way ahead of itself given the market and the cost of capital  Mines are financed and the cost of money has risen considerably when it broke $3 I called for $2 If the dollar keeps rising and everyone expects it will then this one will trade back to support levels. First stop is $1.25 hang in there in time shareholders will be rewarded with SALT.V great long term hold

[Liked2Think]

Im done.  Sold everything I had.  Its clear there is no end in site to the total collapse of this stock whether it be scumbag shorters or rich pricks that got a ton of shares for cheap early on that are bailing. Just another pump and dump I fell for.  The whole market is just BS anyway.  Another way for the rick to get richer and the normal guys to lose it all.

[goldanalyst]

everyone must do what they're comfortable with I am ok for now because I don't think they can keep raising rates for much longer once something breaks (i.e. sovereign default) rates will drop I give the Fed 3-4 months of this hawkishness after that mining stocks will do well 

[silentrunning]

That's FANTASTIC news....BUB BYE NOW BASHER.... Job done is it ? Your type disgust me. Go back to the toilet where you belong boy.

[Scionxb777]

Bye bye Clown  

[Canticle]

Combination of factors. Overall markets, profit taking (remember, any price up to 1.25, people who got in last year are ahead anywhere from 50% to 150% and thats a very nice gain by any measure), lack of positive catalysts until the Feasibility Study is released. I think the salt market is also spooked by the Compass Minerals issue, even though thats already baked into their stock price, there