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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 480Mayhamon Jul 17, 2020 9:05am
110 Views
Post# 31280212

RE:RE:RE:RE:RE:RE:Jump off a bridge

RE:RE:RE:RE:RE:RE:Jump off a bridge
P0rkchop wrote:

Where are they getting cash to expand to phase 2 or do anything with SANNA? phase 1 isn't going to earn them enough to pay for itself. They're not even licensed in Winnipeg. After they're licensed they need to apply for their skus. 

sorry man, I'm invested here too and I think we're going to lose it all. Their cash burn is insane and is going to be worse this quarter since they need to pay workers and staff 




Some who know me on here know I like helping the less fortunate. I'm going to ask you to put your thinking cap on now son. Think long and hard about this question. Do you really think all the lenders in the last 12 -18 months are going to let this fail? Now run along think about it and come back with a thoughful response or you'll be added to the manure heap with the rest of the trolls.


Mayham

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