Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Time to bring in a partner
View:
Post by jazzlistener2 on Aug 13, 2024 1:16pm

Time to bring in a partner

if financing is a problem, and it is being hinted at by management, a big pocket partner may be the way to go. The cfo set sail and abandend ship. Too much of a task for him maybe. Has the money guy been replaced yet.  Money talks and until they get some, they may go quiet for quite a spell.  Volume may become very light.  Would not surprise me if it does not trade some days.
Comment by general360 on Aug 13, 2024 3:27pm
not sure if the financing is a problem.  i'm kinda confused, i guess i need to go back and re-read the FS and see what they were indicating the schedule was back then, a year ago. we now know schedule and scope. i see this new schedule is apparently 5% sooner as per the news.  but yet we're saying we'll be producing 2 years later?  the devil is in these details! if we& ...more  
Comment by BueBoy on Aug 14, 2024 8:57am
I think you are right. There is enough in the PR to read the positives between the lines. My take here is that to borrow long term money at attractive rates from pension funds and longer term financiers you have to tick every single box. Reports need to be supported by secondary reports to confirm the first report. All EA conditions have to be met and access rights defined with a fully costed ...more  
Comment by BueBoy on Aug 14, 2024 12:14pm
"company has gone SILENT...what's the plan stan?  the money guy is gone and we haven't acknowledged that have we MR SALT?!" On that point not sure he has gone. For family and logistic reasons he is joining a company based closer to where he lives in Vancouver, but has not actually left Atlas yet from my understanding so nothing to announce.