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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 Feb 11, 2019 9:49am
162 Views
Post# 29346256

RE:Got this forwarded to me...

RE:Got this forwarded to me...
People are worried about the rest of the 20M? I said before, once DOCC coughed up the first 20M, they will fulfill the rest. Once the first phase is complete and licensed, it's pretty easy for PSC to come up with 20M, whether from revenue generation or another PP. And with another PP, once revenue gets rolling, they could get close to what DOCC paid of .45 and not have to give up another 10% of PSC. AGRA gifted that 10% for the remaining 20M to DOCC. And remember, before moving to CSE, SOW had a PP of 50M in place. No chance they'll not cough up another 20M for the other 10% of PSC. I said before, once realized, that .45 they pay isn't much and the SP will easily surpass that.
Bullboard Posts