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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 > Buyout
View:
Post by Donwaan on Feb 07, 2023 12:00pm

Buyout

Is SALT pretty much a waiting for a buyout investment now? What else will move the share price back to anywhere close to $4 or above? Taking it to production themselves will take 3-5 years will it not? Patience you say...it has been a frustrating hold so far.
Comment by Jethro980 on Feb 07, 2023 1:51pm
Tough negotiations going on, no doubt. High interest rates make it tough to develop themselves. Suitors will be tough. This said a deal will happen, the resource is just too valuable. Eventually this will get bought out for $12.00 ish but it may be (up too) another 24 months. Buy and Hold!!!
Comment by MisterThor on Feb 07, 2023 1:56pm
Yeah from near 1 dollar to 12 ! Sure it's the plan. We all have dreams.
Comment by Donwaan on Feb 07, 2023 3:26pm
Maybe stick with throwing a baseball MrThor.
Comment by MisterThor on Feb 07, 2023 1:54pm
5 years minimum. If it's the same as with the fs it will be 10 years.
Comment by TeamEddie on Feb 07, 2023 10:47pm
PEA says mine development will start 2025 and production 2028  as for $4 I think that would be the high end of offers as this is an on demand asset not a mine and make money regardless asset 
Comment by Liked2Think on Feb 08, 2023 7:15am
  yeah and winters should be gone in about 5-6 years too
Comment by TeamEddie on Feb 08, 2023 6:00pm
https://www.cbc.ca/news/canada/nova-scotia/snoddon-jan17-weather-1.6717227
Comment by MisterThor on Feb 08, 2023 11:51am
0 money income before 2029 and + 
Comment by Liked2Think on Feb 08, 2023 1:42pm
I know I fully trust your 2 week old account that has only ever posted on SALT. you seem very legit.  Can I send you all my money and you can do just whatever you want?
Comment by MisterThor on Feb 08, 2023 2:16pm
Mine is longer than yours I'm more legit cause I have 1 million posts hahaha. Just read the PEA clown. And yes give me your money and the number of your credit card
Comment by Liked2Think on Feb 08, 2023 2:46pm
yes misterthor what is your email I dont want to give everyone here my credit card number.  That way more of my money can go to you to invest for me. rather than try to be taken via a chat board I just want to get right to it already.
Comment by MisterThor on Feb 09, 2023 12:07pm
If you wait 7 years you gonna maybe make some big money. It's possible.
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