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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

Comment by Gswood29on Nov 06, 2019 6:36pm
228 Views
Post# 30318140

RE:RE:RE:RE:RE:Painful !!!

RE:RE:RE:RE:RE:Painful !!! Voicing opinions is what this board is for.  I've always called it the way I see it - and being that I live in close proximity to the PSC greenhouse and know the parties involved, it is pretty easy for me to see it.  Houweling is doing fine.  He got $10M from Agra just to lease the greenhouse.  He hates to see it sitting without plants, but it will get there eventually.  He's got enough production in the US (California, Utah) that he could walk away from this without any pain.  Unfortunately, AGRA has diluted everybody down to the point that our shares basically have very little remaining value.  Market cap of $200M exceeds the value of 2M square feet of greenhouse space that AGRA doesn't even own as it is being leased.  I've still got my shares, and although I hate to see the price doing what it is doing, it won't break me if I have to eventually use them to heat my house with. 
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