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Bullboard - Stock Discussion Forum
Defense Metals Corp
V.DEFN
Alternate Symbol(s):
DFMTF
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...
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.
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Bullboard (TSXV:DEFN)
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(13)
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CovieNRA
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Comment by
CovieNRA
on 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
(1017)
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Maxmoe
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Comment by
Maxmoe
on 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
Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions
posted Nov 21, 2024 9:00am by
LQWD Technologies Corp.
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Since deploying LQWD's Bitcoin Lightning Network strategy in November 2021, the Company's transaction infrastructure continues to experience strong growth with exponential growth in 2024. From January 1, 2024, to October 31, 2024 LQWD facilitated approximately 643,000 transactions, compared to approximately 112,900 transactions for the same period in 2023. ...read more
(13)
•••
CovieNRA
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Comment by
CovieNRA
on 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
(1017)
•••
Maxmoe
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Comment by
Maxmoe
on 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
(1017)
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Maxmoe
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Comment by
Maxmoe
on 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
(13)
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CovieNRA
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Comment by
CovieNRA
on 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
(1017)
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Maxmoe
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Comment by
Maxmoe
on 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?
(13)
•••
CovieNRA
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Comment by
CovieNRA
on 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
(72)
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Iseneschal
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Comment by
Iseneschal
on 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 !
(1017)
•••
Maxmoe
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Comment by
Maxmoe
on 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
(13)
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CovieNRA
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Post by
CovieNRA
on 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.
(10)
•••
ScandiumPower
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Comment by
ScandiumPower
on 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
(58)
•••
up2005
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Post by
up2005
on 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
(10)
•••
ScandiumPower
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Post by
ScandiumPower
on 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
(72)
•••
Iseneschal
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Post by
Iseneschal
on 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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