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.

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Cullinan Metals Corp > Also agree with Mr Awesome

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Comment by trimmer3098on Jun 23, 2020 11:07am

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RE:Also agree with Mr Awesome

Just curious...who are they going to sell too? There is oversupply in the market other big producers have shut down facilities due to oversupply. They dont have a sales license for anything . They would have to basically give the harvest away to lp's that dont even want it. I am happy to listen to an actual answer to this question.

SebWood wrote:
We have to stop being positive for the sake of being positive. The stock price is pathetic and things is not profitable for us and I've been losing money for more than a year now.

NOW that being said, I think the next step is around September/October with revenues created with selling the harvest..... BUT that is a very very very critical period. If hey fail at that and can't sell it or make decent revenues, I'll be out and sell everything I bought around 7 cents. THey also have a shot with the edibles factory though..... hopefull they play that card soon OR at the same time they harvest to create a boost this fall.

I will only keep the amount of shares I bought around 30 cents as I consider this already lost and would keep it as a in "just in case one day it works".

For the now and the duration of summer, I agree with Mr Awesome and feel we will revisit the 4 cents or lower.

One last thing: I never actually expected the price to surge because of the license. I predicted 3 - 4 cents , it happened and then we lost it all again.