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Defense Metals Corp V.DEFN

Alternate Symbol(s):  DFMTF

Defense Metals Corp. is a Canada-based mineral exploration and development company. The Company is focused on the development of its 100% owned Wicheeda Project, which is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada. The Wicheeda Project consists of 12 mineral claims covering an area of approximately 8,301 hectares (20,534 acres) located 80 kilometers northeast of the city of Prince George, British Columbia, Canada. Its rare-earth elements project delivers critical metals commonly used in the defense and national security industries, and in the production of green energy technologies.


TSXV:DEFN - Post by User

Comment by ranmanon Apr 13, 2021 10:07am
120 Views
Post# 32984343

RE:RE:The news of a 3rd and 4th party taking samples didn’t help.

RE:RE:The news of a 3rd and 4th party taking samples didn’t help.I saw it as an opportunity to average up. Nothing has changed, that we know of, so why not take advantage of a sell-off. I bought more at $0.335

Level 2 Quote

Market Depth Orders/Shares Bid Price   Ask Price Shares/Orders Market Depth
  1 / 1,000 0.375   0.38 2,500 / 1  
  1 / 8,000 0.365   0.39 6,500 / 2  
  1 / 10,000 0.35   0.395 13,000 / 1  
  2 / 110,000 0.34   0.40 10,500 / 2  
  2 / 11,000 0.335   0.425 5,000 / 1  
  1 / 25,000 0.33   0.43 21,000 / 1  
  1 / 10,000 0.325   0.445 13,000 / 1  
  6 / 29,500 0.32   0.45 2,000 / 1  
  1 / 25,000 0.315   0.46 500 / 1  
  1 / 7,000 0.31   0.475 15,000 / 1  


CovieNRA wrote: But there was nothing "bad" about this news.   In fact it shows the growing interest in the deposit.  

It appears that Canaacord was a prime instigator of the sell off - why can only be answered by them.  I think it could very well have been a ploy to shake off non-committed retail investors so that they or others could get in on the "cheap" one last time before this starts to really move off.   But that is just speculation.

What is not speculation is that nothing has changed.   Still looking at late May / early June to get the PEA.


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