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Bullboard - Stock Discussion Forum African Energy Metals Inc NDENF


Primary Symbol: V.CUCO

African Energy Metals Inc. is a natural resource company with a focus on the acquisition, exploration, development, and operation of uranium, copper, cobalt, and lithium energy metals projects in Africa. The Company also focuses on acquiring interests in additional concessions or relinquishing concessions in the normal course of business. All of the Company’s assets are located in Canada and in... see more

TSXV:CUCO - Post Discussion

African Energy Metals Inc > Upsides of CUCO's Manono properties
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Post by StockHawk1 on Nov 10, 2022 5:21pm

Upsides of CUCO's Manono properties

African Energy Metals (CUCO.v NDENF) controls 2 prospective lithium properties in the Manono region of the Congo. These properties have several upsides including:

- Mineralization already found at the surface

- Also prospective for tin, tantalum and REEs 

- De-risked w/ small mining permits 

- & more


Compared to peers in the area with MCs between $3B and $40M CUCO has a tight share structure with an MC under $3M. 


+ CUCO insiders have been buying up shares recently, so there could be some big news on the way https://twitter.com/Ac12Cc/status/1589901732733399040/photo/1


Today CUCO closed stable at $0.05/share

 
Comment by StockDoctor101 on Nov 11, 2022 12:38pm
Nice to see insiders showing confidence in the company. I also like the potential in the resource rich Manono region and CUCO's small market cap of $3M adds to the upside relative to peers. 
Comment by waves1 on Nov 12, 2022 2:00am
Seems everyone was loading up on CUCO today - up 30% with significantly above average volume! I think CUCO's early mover advantage with permitting and exploration in the DRC is what is really going to set them apart from other junior energy metal companies.
Comment by Partwaythere on Nov 14, 2022 9:33am
A bit weird but the only insider buying the last 2 years is Michael Townsend (owner of Altus Capital) and a major player. If he's been slowly buying small amounts of shares here and there then everyone should be buying. Google Michael Townsend; whom is on the Board of CUCO as a Director. But why is no other insider buying?
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