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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

Comment by Spector1on Jul 16, 2020 9:12pm
242 Views
Post# 31279106

RE:Ugh

RE:Ugh
Not surprising since they have a lot of operations but few revenues. They've been financing their operations by "securities" and as of ye March 2020 they were still clear about if they cannot do that they can't continue. But someone correct me.. they raised 28 million in May 2020 which should cover a lot of that.. easily bridges us to their assets generating revenue in Q3/4 this year no? So the crucial question is how much revenue... also I haven't had time yet to go over thoroughly.. but by scanning I can't pick out the Farmko stuff. Any releases for Farmko?
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