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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Bullboard Posts
Post by Campinon May 29, 2014 7:53pm
204 Views
Post# 22612760

medical marijuana pod cast

medical marijuana pod castIt's about 10 days old now... But if you have not listened to it... It's pretty interesting....

"How Many Licenses will be Granted in 2014?

George Routhier is a consultant for companies preparing license applications to Health Canada. He has been involved in that process since 2003, and is a widely acknowledged expert on helping companies get through the mystical rejections that are typical of Health Canada.

Despite the mountain of applications being processed by Health Canada, he says he doesn’t think there will be more than 20 new licenses granted in 2014.

“I think they’ll grant another 25 to 30 licenses this year,” says Routhier.

So where does that leave the companies now raising money on the basis that they filed an application with Health Canada for a commercial license? Its like a game of roulette, with similar odds. Some will get licensed this year. But by the look of things, the overwhelming majority won’t. Which mimics rather perfectly the mining company odds, where 1 in 100 actually ever find something economically viable."

source:https://www.midasletter.com/2014/05/canadian-medical-marijuana-industry-risks-opportunities/

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