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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
Comment by Czechlateon Jul 09, 2014 2:14pm
69 Views
Post# 22729705

RE:RE:drop a little more????

RE:RE:drop a little more????
The carnage has not even started here yet. Keep in mind that those 13 million shares have 13 million warrants attached to them. The warrants are good for another share at 7.5 cents. Most people that trade venture stocks are more then happy to make a 100% gain on their investments. These 13 million shares could be sold at 10 cents giving investor a 100 % return and then they could pick up replacement shares for a reload at 7.5 cents and sell them at ten cents and come out with 125% return. This is going to get a lot uglier before it ever gets better. If it gets better!! That BS PP has more then doubled the outstanding shares and at a ridiculous low price to boot. Whats next another PP of 15 mil shares at .10 cents to close one of these maybe deals?? Thank God I got out the day they started trading again....
Bullboard Posts