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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 Mar 12, 2019 3:05pm
396 Views
Post# 29474822

RE:$20 million payment

RE:$20 million payment
phat_cow wrote:
When they receive their final payment of $20m at the end of the month. Wouldn't this bring the price down since docc is getting the shares at 0.45 per share?


Yes, traditionally that's the case most of the time but this is different. Got the hard numbers to prove its worth and the wheel is already set in motion. It's no longer at that phase anymore. When it began, the whole focus was pretty much about DOCC's purchase price and getting there. Now, the focus is on its valuation.
Bullboard Posts