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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 Sthlheadron Feb 16, 2020 7:21pm
105 Views
Post# 30698125

RE:RE:How much time can we afford without a license ?

RE:RE:How much time can we afford without a license ?
lol we are not fully funded for anymore phases. They used to money for other facilities ie edibles. We do have an idea of the financial position.... read the darn documents.... 1.2 million cash resported last financials. 750 k due to sale of assets. 30 million convertable debentures, 20 of which used to pay off old loan. My best guess. We have under 10 million. How long can that last? Management has prove not long at all with all the fees. Last year management and consulting fees were around 10 million. We have till end of year. that's without doing a thing. Now as for other the other expenses that are going to occur I bet we have 4 months tops
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