Atlas Salt Inc V.SALT

SALT - Plenty of Upside

[CanadaBck]

With very volatile markets, salt seems to be holding steady. I have been slowly accumulating after the sell of from the mid $4's. I think this has plenty of upside yet and i'm confident it will be get to it's 52 week highs.

[Donwaan]

Having bought too much during the pre-TPR Hydrogen Corridor talk days I sure hope you are right. I have since averaged down and also did quite well trading SALT on the way up but now I am waiting for a buyout hopefully precluded by a bidding war for GA.

[Scionxb777]

Why would you want a bidding war for GA ? Fully built mine has greatest value 

[nedstar71]

A bidding war would be great.  Take the money and run as Steve Miller used to sing.  Nobody should want to suffer through the potential dilution or headaches and risk that would be required to get this into production years down the road.

[Zephyr]

Exactly. The only way that this goes into final production by Atlas is if fair value as an asset cannot be gained from potential suitors (bidding war or not). I'm sure Atlas will forge ahead with the beginning stages as if it was going to develop. However, I suspect someone will intervene to take the asset off Atlas' hands before that process gets too far down the road.

[Liked2Think]

  exactly. A buyout is what everyone should want.  if atlas ends up having to take this to production then the share price will tank and they will float an insane amount of shares to come up with the money to do so.  It will also take years to do and you will never make what you could had of made if it was bought out  

[twoponds]

...you still "trying2think"?!   Give it up man...if TPR get's bought out they'll have tons of money to finance, in an epidited way, the GA mine.  The share price will not tank...period.  Once the PEA and FS are complete it's game on here.  You cannot see beyond daily fluctuations in share price so carry on in yo momma's basement and pretend you

[Donwaan]

Two, you forgot to wish Liked a Merry Christmas!

[twoponds]

...I know, I still am working on phrasing it to a simpler , uncomplicated  and understandable manner lmao...

[Scionxb777]

Thanks Two I knew you would have it figured out sell TPR finance and build the mine