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Transition Metals Corp V.XTM

Alternate Symbol(s):  TNTMF

Transition Metals Corp. is a Canada-based multi-commodity explorer. The Company is engaged in the acquisition and exploration of mineral exploration properties in Canada and the United States. Its projects include Thunder Bay nickel-copper-Platinum Group Metals (Ni-Cu-PGM’s), Saskatchewan (Cu), Abitibi (Au), and Sudbury Area copper-gold-Tungsten (Cu-Au and W) and Other. The Pike Warden property is located approximately 65 kilometers southwest of Whitehorse, Yukon, and is composed of around 203 contiguous mining claims totaling 41 square kilometers. Its Thunder Bay Ni-Cu-Pgm Projects include Sunday Lake, (25% carried), Saturday Night (100%), Owl Lake (100%) and Maude Lake (100%) projects. Its Abitibi projects include Gowganda Gold, Cryderman, and Pipestone (Joint Venture). The Company's Sudbury Area projects include Aylmer IOCG and Fostung. Its other projects include Jolly Gold, Highland Gold, Bancroft, Island Copper, Homathko Property, Thompson Gold and Duntara Copper.


TSXV:XTM - Post by User

Transition Metals Corp
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Post by urmoneyfasttalkon Feb 01, 2019 2:08pm
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Post# 29306864

Stay away from XTM.V

Stay away from XTM.V$804,000 cash now, just issues shares for options for employees, there only getting $32,000 on average for every property that is rented out in total. They have shares in each of the 9 companies on average of 10,000,000 each common shares.  Cash value is $0.02 a share but as a result they have declined in the last three years from their highs.  Even if they have great value on this new project in NS they still need to make money on their assets.  Right now this stock is undervalued yes, but with no reveue streams for investors this is a sell.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities