Atlas Salt Inc V.SALT

Are Atlas Salt and Vulcan Minerals On A Brink Of Collapse?

[NLMoose]

Atlas Salt and Vulcan Minerals shares have lost over 1/3 of its peak value this year alone, and over 70% over the last year, leadingto concerns that both companies are heading for financial distress.

Its time for management to start addressing concerns about the share price performance before its too late.

[Zephyr]

Seriously? Explain to me how a non-operating, exploratory company will go into financial distress (i) 3 weeks after doing a $10 million private placement with investment funds and (ii) with approx. $18 million of cash in the bank and a nominal cash burn rate? The only people losing or not making $ right now are the people trading this down because they have no idea what they are dealing with.

[Willsridge]

Agree .  The commodity is huge, cost per ton to produce and get it to market is lower than competition and market is on our doorstep. Patience required. Stock markets are designed for the patient to tale from the impatient 

[Willsridge]

Take not tale

[Willsridge]

Take not tale

[Willsridge]

Take not tale

[MisterThor]

Ah ok because there is a mangement team lol !

[Zephyr]

Dude, stop creating multiple accounts to argue with yourself.

[Laruch12]

Gee guy  I know a real  Moose that could make a more thouhhtful post than yours. If you are trying to prod management  at least do so without starting unfounded rumors.  ThT just fuels the many idiots posting nonsense on the boards, 

[MisterThor]

There is no management team. Atlas Salt is 3 guys + Sagacity + the company who made the PEA. That's it that's all. Management yes the one who buy views on Youtube ? Hahahahaha yes sure.