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Cruz Battery Metals Corp C.CRUZ

Alternate Symbol(s):  BKTPF

Cruz Battery Metals Corp. is a Canada-based company, which is focused on acquiring and developing battery metals projects. The Company’s projects include The Hector Project, The Solar Lithium Project, The Clayton Valley Lithium Brine Project, Idaho Cobalt Belt Project and The Idaho Star Cobalt Prospect. The Solar Lithium Project is located in Nevada, United States. Solar Lithium Project consists of over 8,135 acres. The Clayton Valley Lithium Brine Project is located in Nevada, United States. Its 5,542-acre Hector Property is located in the vicinity of the town of Cobalt, Ontario, which is prospective for cobalt, silver, and diamonds. The Idaho Cobalt Belt Project is located within the Idaho Cobalt Belt surrounding Jervois Mining Ltd. The 80-acre Idaho Star cobalt prospect in Idaho, United States is located over nine miles southwest of Saltese, Montana, and 19 miles southeast of Wallace, Idaho. This prospect consists of four contiguous claims within the prolific Idaho cobalt belt.


CSE:CRUZ - Post by User

Bullboard Posts
Comment by rob_oon Aug 07, 2011 4:29pm
345 Views
Post# 18913817

RE: RE: About the PP...

RE: RE: About the PP...I think the shady management in this play holds this stock lower than it should be (Look at DLKM). What's important with this stock is to know your exit strategy. If management's history is an indicator of anything, then I would sell @ around .50 - .60 cents. However, I could be wrong (and I'm hoping I am wrong as this thing has big potential). On the other hand, one could argue that management has learned from past mistakes, etc. etc.
Furthermore, I would think this is the most opportune time to purchase junior resource companies with the uncertainty of the economy and the relatively minor positions of banks/funds in these type of stocks. Good drill results could spell big $$$.
I'm uncertain of the effect the PP will have on the stock price. When news comes out of a drill commencement, I'd expect a little pop followed by something BIG pending the results. However, only time will tell and it could be an interesting rest of the year with this play.

GLTA
Bullboard Posts