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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 > management regurgitating the same news
View:
Post by kilofinal7 on Jul 12, 2023 12:07pm

management regurgitating the same news

with the latest newsletter   what's the point? 

Where's the new ceo?

Where's the bfs?

What's happening with TPR?
Comment by Liked2Think on Jul 12, 2023 12:45pm
Just more of the same bs These guys can't get the job done period they pump up Mr. Salt as the reason Goodrich became so profitable but they didn't make him the ceo to take this to production.  mall they continue to bring to investors is a decreasing stock price and missed after missed timelines 
Comment by DeputyDawg on Jul 13, 2023 8:46am
Totally agree news delay is frustrating to all. A credible CEO appointment and other supporting boardroom appointments will quickly bring back confidence. We also know from the PFS and subsequent drill result that the FS will be stellar even if it is conservative.  Current management are listening on one point and it's clear Pat has been mothballed. All promotional and news releases now ...more  
Comment by Zephyr on Jul 13, 2023 9:09am
Agree 100% DeputyDawg. Pat is a lame duck now...'Dead Man Walking'. I'm with you on the FS as well. I don't expect it to be a robust view of the project (say 10 mtpa like some hope). I expect 4 mtpa for the financial analysis as any increase would mean additional engineering & technical analysis of mine design, CAPEX, etc., but they may surprise me. However, there is so much ...more  
Comment by DeputyDawg on Jul 13, 2023 9:28am
You are right Zephyr. The FS is a technical document. Shareholders do no need to understand the detail. The important thing is that industry experts can reasonably expect the numbers to be achievable or enhanced. They will make their own adjustments to the numbers for the different output scenarios.      It is vital we have someone with credibility to present the FS and speak on it ...more  
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