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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 PeppyBzhon Jan 08, 2020 7:55pm
140 Views
Post# 30532732

RE:RE:RE:RE:As requested: todays house positions

RE:RE:RE:RE:As requested: todays house positionsThe  shareholders that brought the price down HAD an interest in doing so : I mean a VESTED interest.The lower the price went DOWN TODAY , the LESS they have to pay taxes .It is one accounting rule : today's LOW will be used to calculate the value of the assets they transfer from one account to the other.Look into the news release : they did not need to produce tax slips for the "dividending" of shares.Thanks to the way it is done , no company tax to , ONLY taxes on capital gains.So "today's low" was mattered the most in that regard.
And that is true for the 350 millions shares transferred ( "dividended" ) today ( tonight / overnight).

They did not mind "shorting" 5-10 -20 million shares ; they will just buy them back in the next few days...
I expect the license ( for the greenhouse ) before end of January.But as important is the license for the Edibles manufacturing in Winnipeg.For now , it is only a research license .

They can buy the cannabis from their good neighbour Village Farms.

I did buy some today at 0.075.Not as much as I wanted.
I am long.I know the greenhouse industry.HNL has a solid reputation , and a "solid" track record.HNL has always been a trendsetter , ahead of the pack.ESPECIALLY in terms of MARKETTING.

Thank you Sopranos and Mindbender : your posts make sense
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