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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

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Post by Liked2Think on Jan 23, 2023 3:32pm

PEA

To be released by "mid january" as per Atlast management via SLR.

Jan 23 today so the middle of a month = last week of the month now? Maybe

Or maybe its february like someone (I) said.

So WTF does "early 2023" Feasibility release mean?

If they dont know for absolute sure then management should just shut up putting out these dates.  It makes them look untrustworthly.  FRankly it makes it look like all this "great stuff" they have been saying about the orebody isnt all that great and they are hoping for just a bit more data to make it great.

if SLR told them middle of january I would have told investors end of january at the earliest.  I thought these guys were professionals.

FS out maybe by september
Comment by Zephyr on Jan 23, 2023 3:45pm
The January 11th press release refind the time to 2nd half of January 2023. In hindsight it's obvious that this was likely done due to the pending private placement closing. If you've ever worked for a public company you'd know that there is a buffer period whereby you don't want to release meterial too close to each other, and that's not including fixed blackout periods. The ...more  
Comment by kkkrrr on Jan 23, 2023 6:15pm
it really doesn't matter this week or next week or in 3 weeks .. for me it makes absolutly no difference
Comment by nedstar71 on Jan 23, 2023 10:46pm
It does matter, it needs to be in January.  After previous missed timelines management needs to show they can be trusted and are not just blowing smoke up peoples butts.  Another failure to deliver and it will become even more of a credibility issue, which will bleed into the market questioning other statements etc.  I don't think they will let us down and it will indeed be in ...more  
Comment by Liked2Think on Jan 24, 2023 12:11am
if its not janurary it will for sure drop well under $2. Maybe people already know that it will be and thats why you see the gradual decline leading up to the "promised date" I guess all it means is that after you see a pop due to PEA its likely time to sell and wait until "early 2023" whenever the hell that is.
Comment by DeputyDawg on Jan 24, 2023 2:20am
Totally agree credibility is being eroded here. Remember last September was a pretty firm date, then November, December and we still wait.    Increasingly concerned at this being held back at these prices a few days before what is expected to be a stellar news release.  
Comment by kkkrrr on Jan 24, 2023 6:30pm
LOL ... you really think management has to care about nervous gamlers ?   they can release the PEA in February or march ..i thave no problem with that ...     it makes no difference.. the results are important
Comment by kkkrrr on Jan 24, 2023 6:35pm
sit back and relax ... it makes no sense looking at the SP every day ...