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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Bullboard Posts
Comment by thamthamon Sep 27, 2018 8:57am
75 Views
Post# 28699425

RE:Looking good.

RE:Looking good.
Yes, it is still in play. I invested in this just for that alone. Still in assessment stage for the 3 licences Solaris applied. If it works out, it's going to be huge. It's crowded over here but different story over there. Just like Canada before the cannabis rush. It's somewhat like Canopy in term of being a big player, a frontier kind of, but Solaris will start out much more favorably compared to Canopy or Tweed in its infancy. I put a conservative number of 1B and with PUF owning 1/3, yeah...but still that's some time from now. I can't wait for it to start rolling.

Now, for PSC, just look at how much value get added to their MC after the big guys announced their huge greenhouses. Can't directly compared because they were already LP before and PSC still not. That's why $2.25 is just chump change for PUF with its low float. Nowhere near where the SP should be after you calculate the PUF's share just for one greenhouse alone and here they got their share in two. And to think some other companies got bigger MC with much less.

And when you take in consideration other what else they'll be able come up with in South/Central America or Europe, that they'll have Canopy's clients base, etc., the future is bright for PUF.
Bullboard Posts