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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 SebWoodon Sep 30, 2020 9:47am
169 Views
Post# 31640905

RE:Heyyyy

RE:Heyyyy

MrAwesome1979 wrote: Soooo, do BigDreams and Soprano still come around or have they finally dipped too? It was about this time last year when I pointed out that this was a scam. Just go back through the previous posts. Sorry to see it happen. This company is dead. The share price and share count leave it nowhere to go. EXCEPT!!!!! A reverse split guided by the institutions that have been accumulating 10's of millions of shares at the lowest possible price so they could survive a roughly???( any guesses here?) 1 for 35 split??? Just a thought. I dont have any evidence, this time.

 

In my opinion, we could be out of business within 6 months MAX if sp does't go up, here's why:

- We can't borrow money, we can't dilute anymore, the sp is worthless and might go to 0.005 cents so no private placement will give us money

MEANING: What we have as money to operate is all we have left. How much money do we need to operate per month ? 1 to 5 millions ? It will takes months to get revenue, and we will get what ? like 15 millions.... and that would be end of Q1 if EVERYTHING starts rolling.

I'm throwing high level numbers but if Boddy wants to dilute to survice, it needs the SP to increase. 

If he SP don't go up to AT LEAST 5-7 cents, we are done. No matter what happens, in my opinion it will play out within 6 months.... probably MUCH less than that. SP ABSOLUTELY need to go up in Q4. 

I'm pissed as f, don't get me wrong I will lose 25G. This is an absolute disaster and Covid 19 will demolish the economy for another good 10 months. F me. 

 

 

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