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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 > Questions
View:
Post by Donwaan on Jul 25, 2023 1:36pm

Questions

Have there been any offers made to buyout SALT that were not accepted or made public by management? Is it actively being 'shopped' now or is taking GA to production the order of the day?
Comment by Liked2Think on Jul 25, 2023 3:30pm
They told the guy they are paying to talk about atlas to say the possibility is essential high of a buy out. But then they also bring up building the mine.  if they got an offer they have to tell investors about it. So no they have had no buyout offers. They either think they will get some or they are using the lie to try and pump up the stock.  When they miss releasing the FS in ...more  
Comment by Zephyr on Jul 25, 2023 6:26pm
Ooh, you are back In an industry with $5.2 billion is acquisitions since 2020, the theory of a buyout is not a stretch. However, it hasn't happened yet and it could be for many reasons. Part of the reason may be that no one wants to buy an asset to be developed or at least wants a team in place to be able to take the undeveloped asset into production. From Day 1 this asset should have been ...more  
Comment by Liked2Think on Jul 26, 2023 10:39am
None of that book you posted contradicts anything I have said with any facts   "fairly confident it was completed on time" and which time it was due? and what has management done so far that was great? I guess you can count lucking out and finding salt when they weren't looking for it as one.