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Bullboard - Stock Discussion Forum Defense Metals Corp DFMTF

Primary Symbol: V.DEFN

Metals & Mining Industrial Metals & Minerals

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... see more

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Bullboard (TSXV:DEFN)

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Comment by CovieNRAon Sep 09, 2021 10:31pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Good Move Up on Double Average Volume

Correct on all points. I have never heard an explanation as to what the reasons were as to why they took that course of action. My understanding is that the shares do not go to the Spectrum ...more

Discussion

Comment by Maxmoeon Sep 09, 2021 6:54pm

RE:RE:RE:RE:RE:RE:RE:RE:Good Move Up on Double Average Volume

It is patently ridiculous. There are indeed hundreds of juniors in many industries with 120 million shares outstanding. BUT ..... BUT ...... ALL those shares were paid for. Even options and warrants ...more

114

Discussion

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Comment by CovieNRAon Sep 09, 2021 5:16pm

RE:RE:RE:RE:RE:RE:RE:Good Move Up on Double Average Volume

So they will go to 120M shares from 80M shares. If the PEA from SRK values the property at $1B +, don't you think that will dwarf share issuance. there are TONS of juniors with a minimum of 120 ...more

102

Discussion

Comment by Maxmoeon Sep 09, 2021 4:21pm

RE:RE:RE:RE:RE:RE:Good Move Up on Double Average Volume

I read the md&a and indeed it appears they cut the worst deal I've ever seen. So I'm out. I'm not investing a penny with anyone this colossally inept. No wonder the stock has done ...more

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Discussion

Comment by Maxmoeon Sep 09, 2021 3:52pm

RE:RE:RE:RE:RE:Good Move Up on Double Average Volume

That has to be, by far, the worst deal I've ever read. If they agreed to issue 50% of outstanding shares 3 years in advance, they are uninvestable to everyone except spectrum. Why would I invest ...more

101

Discussion

Comment by CovieNRAon Sep 08, 2021 4:29pm

RE:RE:RE:RE:Good Move Up on Double Average Volume

Nope. Read the MD&A from July. This is not a new thing, it has been known for 3 years since they originally got the property from Spectrum. Part of the ...more

148

Discussion

Comment by Maxmoeon Sep 08, 2021 4:04pm

RE:RE:RE:Good Move Up on Double Average Volume

40 million shares to be issued in 2 months??? That a typo?

Discussion

Comment by CovieNRAon Sep 08, 2021 3:26pm

RE:RE:Good Move Up on Double Average Volume

Drilling started today, so probably late November or mid December before we hear anything on that. My guess, based upon past conversations with IR and recent news releases, is that the PEA comes out ...more

122

Discussion

Comment by Iseneschalon Sep 08, 2021 2:18pm

RE:DEFN ..... LMFAO

What did I tell everyone? That was last Aug 17/21....not bad....made almost 25% on that observation...... Now what Maggots? This sure is fun! Cheers !

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Discussion

Comment by Maxmoeon Sep 07, 2021 12:35pm

RE:Good Move Up on Double Average Volume

Smells a bit like another small financing coming down the pipe. Good news travels first class so if there is anything to talk about ahead of pea and drill results, it will leak out. Also of note the 4 ...more

144

Discussion

Post by CovieNRAon Sep 04, 2021 12:14am

Good Move Up on Double Average Volume

Closed up 15% today on solid volume. PEA at least one month out and drill results 2-3 months out. Would be interested to see who the buyers were today and why.

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Discussion

Comment by ScandiumPoweron Aug 26, 2021 9:42am

RE:Will take any news at this point.

The new pads, in addition to three existing drill pads remaining from the highly successful 2019 drill program, will facilitate successful execution of the 2021 Wicheeda drill program which is ...more

154

Discussion

Post by up2005on Aug 25, 2021 9:28pm

Will take any news at this point.

1500 metre drill plan seems meek. They have burned through a lot of their cash reserves. The drill platform looks fine, it's concrete footings and timber beams. Getting the material to the site ...more

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Discussion

Post by ScandiumPoweron Aug 20, 2021 8:30am

Experienced CFO joined Canada Rare Earths company

August 17, 2021 Anthony Wong Joins Canada Rare Earth as Chief Financial Officer Vancouver, British Columbia: Canada Rare Earth Corp. (“Canada Rare Earth” or the “Company”) ...more

152

Post by Iseneschalon Aug 17, 2021 2:28pm

DEFN ..... Looks like the "Box" is buying their shares back

mix it up a little....sheesh

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Bullboard - Stock Discussion Forum Defense Metals Corp DFMTF

Primary Symbol: V.DEFN

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