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Bullboard - Stock Discussion Forum Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, evaluation, exploration and production of mineral properties in Newfoundland and Labrador. The Company owns 100% of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America road salt market. The project features a... see more

TSXV:SALT - Post Discussion

Atlas Salt Inc > Correct me if I'm wrong
View:
Post by nedstar71 on Nov 23, 2022 10:03am

Correct me if I'm wrong

I don't post nor do I plan on posting on the circus that is CEO.ca, but just checked it.  Most over there post as if the drilling that is occurring is to further prove out the resource.  Is the drilling taking place not just to give them the data needed to prove depths, potential structural integrity, ramp viability etc for the fs?
Comment by twoponds on Nov 23, 2022 10:14am
...the ramp viability has already been established and proven, the drilling in my opinion is establishing the ramps location entry/exit point into the deposit more than expanding the resource limits or a combination of both.  At this stage they're also taking into consideration the proximity of the main substation and proximity is important.  Just my opinion...and CEO has some good ...more  
Comment by nedstar71 on Nov 23, 2022 10:21am
Thanks, we're pretty much on the same page then.  
Comment by general360 on Nov 23, 2022 11:57am
PRECISELY!  it's not anyone's opinion, it's what came out of the horses mouth! there's a lot of noise after that prezzy, and junk to sort thru. a few key statements by some of the early folks in this, thank you for the input! we're NOT waiting for drill results. well, we are, sorta, but like 2P and ned point out, this is for ramp placement.  gotta firm up that we ...more  
Comment by twoponds on Nov 23, 2022 12:37pm
...general360...As far as the ramp goes it doesn't matter whether it's on/in salt, granite or whatever.  If it's in salt they'll just put a building up to protect it from the elements.  I wouldn't be surprised at all if  the plan would include, as I believe Rowly mentioned, an "underground conveyor" system to access with the ramp which would mean ...more  
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