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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 > Atlas Salt Is Getting "Candlepinned" For Great News
View:
Post by NLMoose on Jan 31, 2023 2:15pm

Atlas Salt Is Getting "Candlepinned" For Great News

Atlas Salt reports great results in the Great Atlantic salt findings, including a $900 million Net Present Value, 22% Internal Rate of Return, and 4.2 years Payback Method.

In spite these great results, Atlas is getting punished as opposed to be rewarded.

Mathematically speaking, based on these great findings, Atlas Salt shares should be trading at $10.00 a share, not plunge below $2.00 a share.

Talk about getting "Candlepinned", named after a Bowling variation known as Candlepin where Bowlers get punished for making great shots, and that's wrong.

Shame on you investors who put Atlas Salt down.

Comment by Liked2Think on Jan 31, 2023 2:29pm
because you think it should be at $10 doesnt mean it ever will be. it was $2.14 yesterday you didnt really expect it to go up $8 in a day?  Must be from pumper patrol ceo gang.
Comment by goldanalyst on Jan 31, 2023 3:02pm
this is a 100% sell the news market  tough luck for SALT & VUL. You need crazy good news in this market  and although the news was good it came in as expected.  Coming in as expected gets you a sell off in this dismal market  Hang in there SALT & VUL investors. Those with a 5-7 year time horizon will  make 3X-5X their money back when the good times come back ...more  
Comment by StockGiba on Jan 31, 2023 7:32pm
5 - 7 years.  lol.  Just wait until the FS comes out.  If you want to revisit this 6 months from now.  Bring it.   
Comment by StockGiba on Nov 18, 2023 4:55pm
Hey.  At least I have spoken to Rick, you running the FUDster ship.  If there is ever a troll....... Here and CEO.   The stench of a hedgie.