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CDN Maverick Capital Corp C.CDN

Alternate Symbol(s):  AXVEF

CDN Maverick Capital Corp. is a Canada-based diversified exploration company with a core focus on lithium. The Company’s projects include Northwind Lake Lithium Property, Poncheville Lithium Prospects and Rainbow Canyon Gold Project. The Northwind Lake Property is a lithium pegmatite exploration project located in the Electric Avenue Lithium District, located approximately 10 kilometers (km) north-northwest of the PAK Lithium Project and covers over 7,040 hectares (ha). The Poncheville Lithium Prospects span nearly 40,000 ha across the Poncheville and Chabinoche properties and are located approximately 65 kilometers (km) northeast of the mining town of Matagam. The Rainbow Canyon Gold Project is a precious metals exploration prospect located in the Olinghouse Mining District, about 40 km east of Reno in Washoe County, Nevada.


CSE:CDN - Post by User

Bullboard Posts
Comment by martin958on Apr 14, 2014 11:30am
96 Views
Post# 22447743

RE:AKV year end results....

RE:AKV year end results....
This part made total sense to me, "It is the objective of Management to preserve the Company’s Nevada Property and to otherwise maintain the Company in good standing, at the lowest reasonable cost possible – with the objective of preserving the Company’s cash reserves to the best extent possible. This policy will be pursued until the current negative state of the market improves to the point where the Company can raise additional financing on acceptable terms to fund the work programme proposed on the Nevada Property and possible future acquisitions." Why indeed try to expand in a stale market that does not allow for expansion. Any funds used now will be burned off into naked shorting oblivion.
Bullboard Posts

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