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Grid Metals Corp V.GRDM

Alternate Symbol(s):  MSMGF

Grid Metals Corp. is a Canada-based exploration and development company. The Company is focused on both lithium and nickel-copper-platinum group metals in the Bird River area, approximately 150 kilometers (km) northeast of Winnipeg, Manitoba. It controls two lithium properties: Donner Lake and Falcon West. The 75% owned Donner Lake Property is situated 35 kilometers (km) north of the producing Tanco mine, one of only two lithium-producing mines in Canada. The Falcon West project covers 61,200 ha with 70 km of strike length along a prospective contact zone. Its Makwa Mayville Project is located in the Bird River Greenstone Belt approximately 145 km from Winnipeg, Manitoba. The project consists of two open pit NI 43-101 resources containing nickel, copper, platinum group metals and cobalt mineralization. Its East Bull Lake (EBL) palladium property covers 80% of the prospective EBL intrusion. Its Mayville PGE Zone is located approximately one km southeast of the Mayville Deposit.


TSXV:GRDM - Post by User

Post by Fierzeon Sep 09, 2020 11:07am
345 Views
Post# 31526540

I think GRDM has screwed up

I think GRDM has screwed upWhen are these guys going to realize that they SHOULD be focusing on their very attractive nickel assets instead of suddenly jumping to another flavor-of-the-day metal like some kind of anxious daytrader?

Obviously the market agrees, since the GRDM share price is still depressed AND to top it off they have missed the bullish moves that other nickel juniors have had lately.

By messing with palladium the company has completely screwed up their status as a pure EV play, which is why I invested in the first place. Palladium is used in ICE vehicles but generally not in EVs. The LAST thing I want to do is to invest in an ICE vehicle play, a market will be dead in one or two decades.

Choose metal! Either SELL the palladium assets or SELL the nickel assets to unlock value and make yourselves investable again! 
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