/biz/ - Business & Finance

>>53552532
>Someone give me a quick rundown on SALT
There is literally salt everywhere. The ocean consists of 3.5% salt and you can literally just let the water evaporate in a large basin and you have free salt. Don't buy.

On surface it obv seems like a good opportunity, which is why retail is all over this name. But noone can explain why Compass didn't just buy Atlas when they were trading at 5c, they had the deposit back then too. Could have just offered 10 or 15c, and gotten it practically for free. Why didn't they? what changed since then making it worth orders of magnitude more today? and please, don't tell me they didn't know about a huge salt deposit close by.
The answer probably is that this will most likely be a low margin operation that will take a very long time to pay back. Seaborn salt competes with African and Chilean product, where salaries are a fraction of what they are in Canada. Maybe they can make a decent profit at current market prices, but what happens when they dump a huge amount of additional salt into the market? what are the margins of other suppliers? noone has any idea, perhaps they can afford to lower asking price.
It's over for the saltbros... fortunately some may still be in at a profit, time to bank that and move on imo. This could of course still end up paying off, I'm not expert on the salt sector either. But it's a huge gamble, might as well invest in gold.

>>52741404
Hey hey! Spot the yid.
Don't you have some shit to eat you fucking homo.
Nah, just kidding, I'm sure you're a loser and no one likes you.

>>49960236

HAHAHAHAHAHA HAHAHAHA

You must be joking. I would take as little as just $400 worth of btc over emma because that's how much a whore like her costs on the street.

Do you realize how much kike semen she had to guzzle to become "famous"? Ugh!