Atlas Salt Inc. Stock Analysis SALT.V

Atlas Salt, Inc. engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. The company is headquartered in St. Johns, Newfoundland And Labrador. The company went IPO on 2012-08-17. The firm is engaged in the evaluation and exploration of mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (the Great Atlantic Salt Project), located in the St. George’s Bay basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of the Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.