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Patriot Battery Metals Inc T.PMET

Alternate Symbol(s):  PMETF

Patriot Battery Metals Inc. is a Canada-based hard-rock lithium exploration company focused on advancing its district-scale 100%-owned Corvette Property (424 claims totaling 21,715 ha) located in the Eeyou Istchee James Bay region of Quebec, Canada. The Corvette Property hosts the CV5 Spodumene Pegmatite. Situated within the La Grande Greenstone Belt, the Corvette Property hosts significant mineral potential over multiple deposit types. It owns 100% of a 217 km2 Corvette Property land package, covering approximately 50 km of prospective lithium pegmatite trend. Exploration of the Property has outlined three primary mineral exploration trends, crossing dominantly east-west over large portions of the Property's principal claim group: Golden Trend (gold), Maven Trend (copper, gold, silver), and CV Trend (Li-Cs-Ta Pegmatite). It also owns JBN-57 Property (39 claims, 19.95 km2, which is located nine kms south of the Trans-Taiga Road. The Property is adjacent to Patriot's Corvette Project.


TSX:PMET - Post by User

Bullboard Posts
Post by springinhetveldon Oct 02, 2016 8:44am
125 Views
Post# 25299475

DD Very active

DD Very activeWow DD you have been quite active the last days.... What was it you called yourself "one man army". I like it!!

Anyway, guess you are anxiously awaiting the report on the samples as many of us here. Thought we would get it by the end of September, but as usual there is a delay. And this delay is creeping me out a bit. My experience, which is more with Australian stocks then with Canadian, is that if the results are not as good as expected the news comes late(r). Also the buying of additional land, and not nearby land, is not really a good nor comforting sight.

So I am starting to worry that the results are less good then expected and management has already started to prepar a plan B with buying Pontax. I am just experiencing the "other side" of this with my investement in CXO (Australian). They came out early with very good results. And last Friday went in an other trading halt to announce the next results (again earlier then expected). So I am starting to fear a bit for our NTY results. Of course grab samples do not tell a whole lot but if they are bad people will sell very quickly....

Thanks to the profits in CXO I can wait for the results here and if worst comes to worst take the loss (I bought in at 20c......). But this delay is not a good sign IMHO.... But an announcement early in the coming week (Monday or Tuesday) would still be good! So keeping my fingers crossed that this will be what we expect/hope it to be!!!

Bullboard Posts