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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 P0rkchopon Jan 07, 2020 9:30am
136 Views
Post# 30525315

RE:RE:Health Canada Licensing update

RE:RE:Health Canada Licensing updateSo much has changed... In 2019 alone, they invested 85 million in Cannabis 2.0.  Our market cap is 70 million and sinking.They've dilluted the hell out of us for this change in company direction. We were misled and we're now tied heavily into Cannabis 2.0. If it flops, we're going belly up and losing everything. We have all these niche and small facilities like London and Scarborough where we will never see a return on these investments. Hell we have bottling facilities when all the projections are that infused drinks are just 2% of sales and there's no market for it. Read the release, look how much retrofit and upgrades are scheduled. You can gurantee more dillution is coming just to finish their current projects. They will burn through this 30 million very fast. These secondary facilities are not worth it. 

Everyone else is conserving money and these guys are plowing forward ignoring all warnings. We're sunk. 
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