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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 Jan 03, 2020 5:23pm
154 Views
Post# 30516801

RE:RE:Looks like no licenses for anybody

RE:RE:Looks like no licenses for anybody
With the lack of information that AGRA is willing to provide to it's shareholders, we have no idea why the license is not issued yet.  Some still believe the press release that suggested that normal time frame was 6-8 weeks.  Personally, I doubt if HC has ever granted a license in that speed.  At least not from application time.  Perhaps HC has reviewed the application and requires certain changes at the site, kind of like the building inspector coming up with a list of deficiencies that need to be fixed before an occupancy permit can be issued.  With AGRA's lack of willingness to say anything (yes, I have emailed them as well and not received a response), all we can do is watch investor trust continue to decline.  Sure we are a target for short sellers - poor management, history of 'fluffy' news releases, projects that have never gone anywhere (AAA).  I still hold my shares.  Simply not worth selling at this point.  Down >$100k from the good days when they only had 350M shares outstanding.  Now diluted to next to nothing. The old business mantra of under-promise, over-deliver has totally been destroyed by AGRA management.  We have seen far too many promises with no evidence of delivery.  Even when a license is granted, it will take several growing cycles before any cash is generated.  In the meantime, I watch Houweling light up the sky each night with his greenhouse lights, using 75% of his greenhouse for tomatoes that he is able to grow, sell, and profit from.
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