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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 > Get Real
View:
Post by BueBoy on May 31, 2024 2:59am

Get Real

Sorrenson - "all this for 64 cents amazing what the market is missing"  

First sensible comment you have made.

This is not exploration, no 2000m shaft to drill, no toxic waste and it's located in a tier one juristiction. Just a factory scenario of dig and ship with no processing at the lowest industry cost and can be easily be upscaled. That's why financiers are actively speaking to the company and want to be involved. The ready market, low risk and high return means capex can largely be financed on debt and offtake.

As a bonus included are 27.5m shares in what will be a seriously valuable resource storage company which will in time be worth may times Atlas's current market cap and who are also actively putting their ducks in a row. 

Speak to the company, do deeper research, stop making yourself look foolish and you may even make yourself a few dollars.
Comment by sorrenson on May 31, 2024 10:21am
"That's why financiers are actively speaking to the company and want to be involved."     You cant be this delusional .    But but but I read  on CEO , they say no  dilusion .   Hey maybe payday loans ?    You actually believe someone will "loan " 400 million to a non revenue company 4 years min away from ...more  
Comment by BueBoy on May 31, 2024 10:45am
Simple answer is if you don't like what you see here move on.  But you don't.  I have no problem you bashing this stock. I'm still buying so bash away.    
Comment by sorrenson on May 31, 2024 11:32am
Bashing??  Are you kidding ?  I am quoting  the companys official published documents ... not the pumping of morons on websites spewing endless gibberish because we all know no one ever pumps on the boards. Here is the companies latest costing. ...oh they must be lying .... Gee I guess this will be built using money that falls from the skys like manna from heaven ...more  
Comment by BueBoy on May 31, 2024 12:07pm
We'll just have to wait and see.