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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 > propping to raise imo
View:
Post by TeamEddie on Nov 13, 2023 3:57pm

propping to raise imo

no bank will lend them money under 25 %
Comment by sorrenson on Nov 15, 2023 12:14pm
No bank will lend money on a project like this period . There is no assets to secure the loan and no revenue to pay the debt.   If you could bank it they wouldnt  bother with shareholders in the first place.
Comment by StockGiba on Nov 15, 2023 11:51pm
I'm sure you have put together many deals like this in your past.  Personally I trust Rick's word more than some "basher" working multiple sites.  No offence.
Comment by sorrenson on Nov 16, 2023 9:04am
So where has the compnay said they will borrow the money from banks .?  Please do tell
Comment by StockGiba on Nov 16, 2023 5:18pm
try reading and "comprehending" my post again.  Pretty simple.  It might benefit you to give hima call instead of spreading BS on here.
Comment by sorrenson on Nov 16, 2023 10:24pm
$1.93     Yeah ok  troll Comment by StockGibaon Jan 31, 2023 7:32pm 117 Views  Post# 35258260 RE:RE:RE:Atlas Salt Is Getting "Candlepinned" For Great News 5 - 7 years.  lol.  Just wait until the FS comes out.  If you want to revisit this 6 months from now.  Bring it.    ...more  
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