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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 > The market always knows, expect sub $1.00
View:
Post by kilofinal7 on Sep 01, 2023 2:41pm

The market always knows, expect sub $1.00

and future dilution with added debt. Sit on your investment for a couple years and pay attention to what Cargill sells their salt mines for. The price will play a factor in what the market is willing to pay for salt deposits in the Americas.
Comment by general360 on Sep 01, 2023 3:19pm
quick, only 40-ish min left in the trading week. thanks for the repetitive heads up! do i transfer my shares direct to you?  or should i sell them in the anonymous market?  i'd best heed your ample warnings!  you're so smart to have called this after watching it drop from $4+ to 1&change.... Cargilll's mines are WORTHLESS.  or next to it.  a massive find ...more  
Comment by nedstar71 on Sep 01, 2023 3:39pm
Kilofinal, just read some of your past posts.  Your transition from borderline crunchy level pumper to basher has been epic.  Loved this one from 9 months ago kilofinal7 wrote "I don't  post much and don't take this as investment advice but I sold my home.  I'll let you guess the reason why. locked and loaded" You are understandably bitter but maybe best ...more  
Comment by kilofinal7 on Sep 01, 2023 10:00pm
I'm not going anywhere......I'm going to stay here and watch the SP drop below $1 with a great deal of satisfaction and be entertained by the pumpers with rose colored glasses on who will undoubtedly make a million excuses for the poor stock price performance and impending dilusion.  Just do your best to console yourself and I'll be here to say "I told you so"  ...more  
Comment by nedstar71 on Sep 01, 2023 11:02pm
Kilo it takes a special kind of person to sell their house to invest money into a spec mining play that hasn't even put a shovel in the ground. Thats both hilarious and sad.  More sad than funny though tbh. Me?  I just did the math and this stock is about 1.3% of my portfolio, mostly the house's (no pun intended) money after flipping it twice on the way up.  No consoling ...more