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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 last raise
View:
Post by Toppicks1 on Nov 13, 2023 10:39am

The last raise

Was done at 2$ with warrants at 2.40 for 24 months. I would like to see a raise of 30 million at 1.50 would go along way to derisk going forward. The resource is there so no reason not to find a investor or partner.
Comment by TeamEddie on Nov 13, 2023 3:55pm
the share price is .92 the raise will be lower much lower
Comment by StockGiba on Nov 13, 2023 5:56pm
Sure it will.  CEO has said they won't need money for a while and with offtake agreements and governemt wil most likely back them in some way because of the potential for job creation.
Comment by StockGiba on Nov 13, 2023 5:58pm
TPR shares should have some value as they progress their business as well.