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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

Cullinan Metals Corp > What scares me is Agra doing an asset write down
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Comment by mystique1on Feb 07, 2020 6:48pm
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Post# 30660944

RE: What scares me is Agra doing an asset write down

RE: What scares me is Agra doing an asset write down Aurora shares hit two-year-low as analysts cast sweeping downgrade 
Shares of Aurora Cannabis plunged on Friday following the pot giant’s massive corporate update that revealed the company’s CEO, Terry Booth, is stepping down and that the pot producer will write down nearly $1 billion in assets. Not surprisingly, analysts are skeptical that Aurora can achieve its cost-cutting goals. At least four sell-side analysts downgraded their ratings on the company’s stock, while many also reduced their 12-month price targets on Aurora shares. BMO Capital Markets’ Tamy Chen said she remains cautious that Aurora can achieve positive cash flows by the time the company’s at-the-market equity program is used up.
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