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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
Post by vinniePon Jan 22, 2018 9:31am
234 Views
Post# 27407029

Cash Concern?

Cash Concern?For having followed CUZ for a few months now and taking a position under $0.30, I couldn't be happier with the influx of news and positive outlook moving forward. I suppose my one concern for now is the cash position. It's been stated more than once recently that there is more cash in the bank now than at the start of any other year. Recent acquisitions/increased land holdings I'm sure took some money off the books, not to mention the (what seems to be) VERY agrassive approach to conducting field work on multiple projects. In all likelyhood, there's a solid chance cash on hand is certainly moving south. I agree that ground work to prove up resources is necessary to build share and company value, but you'd have to think a financing is in the not too distant future. On the plus side, more share value means higher placement value not to mention the low OS count. Things are looking solid here, keep the good times rolling.
Bullboard Posts