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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

Post by mystique1on Aug 28, 2020 10:30pm
273 Views
Post# 31474435

Are/Were so of our fearless leaders also involved in Auxlet?

Are/Were so of our fearless leaders also involved in Auxlet?Got to check my notes.....

Auxly shares hit all-time low after reporting $29.2M loss in Q2
Auxly Cannabis Group stock fell to an all-time low on Friday after the company said it lost $29.2 million in its second quarter as a result of higher staffing and operating costs. The company also took a $2.3-million goodwill write-down. Auxly said its Q2 revenue jumped 210 per cent to $8.6 million from a year earlier, but was down from the prior quarter. Auxly CEO Hugo Alves attributed the sales decline to COVID-19-related store closures as well as increased competition in the Cannabis 2.0 space. Desjardins analyst John Chu said in a report that despite the company’s weaker-than-expected adjusted EBITDA, its market share in the edibles and vapes categories remains "strong." He added that Auxly should see improving margins, especially once its Dosecann facility expansion is completed later this year. 

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