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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Comment by oldtimer21on Apr 08, 2015 2:37pm
128 Views
Post# 23609799

RE:RE:Q1 and hope for the future

RE:RE:Q1 and hope for the futurePraxis,
No offense taken. I am simply pointing out that in recent years COS has under-performed
against guidance. No doubt on year over year basis or in absolute terms the quarterly results will be poor. But COS shouldn't have the further disappointment of missing badly against guidance as a result of operational problems which has been the norm recently. The weakness of the Canadian dollar does have an adverse affect on the carrying value of the debt and unrealized foreign exchange losses.  However as oil prices strengthen over time i expect the C$ to strengthen and the recent growth in carrying value of the debt should also reverse.

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