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Grid Metals Corp V.GRDM

Alternate Symbol(s):  MSMGF

Grid Metals Corp. is focused on both lithium and copper/nickel projects in the Bird River area, about 150 kilometers (km) northeast of Winnipeg, Manitoba. The Donner lithium project is a 75% owned property subject to a joint venture agreement. The MM copper/nickel project is a resource-stage project that is undergoing exploration and development work. All the Company’s southeastern Manitoba projects are located on the traditional lands of the Sagkeeng First Nation, with whom the Company maintains an exploration agreement. The Donner project is located about 145 km northeast of Winnipeg, Manitoba. Its Falcon West Lithium Property is located within the West Hawk Lake Greenstone Belt of southeastern Manitoba. The MM Project includes a copper-rich (Mayville) and a nickel-rich (Makwa) disseminated magmatic sulfide deposit along with three additional near-surface deposits (Page, Ore Fault, and New Manitoba). Its other projects include East Bull Lake palladium project, and Mayville PGE Zone.


TSXV:GRDM - Post by User

Bullboard Posts
Post by Fierzeon Sep 09, 2020 11:07am
378 Views
Post# 31526540

I think GRDM has screwed up

I think GRDM has screwed upWhen are these guys going to realize that they SHOULD be focusing on their very attractive nickel assets instead of suddenly jumping to another flavor-of-the-day metal like some kind of anxious daytrader?

Obviously the market agrees, since the GRDM share price is still depressed AND to top it off they have missed the bullish moves that other nickel juniors have had lately.

By messing with palladium the company has completely screwed up their status as a pure EV play, which is why I invested in the first place. Palladium is used in ICE vehicles but generally not in EVs. The LAST thing I want to do is to invest in an ICE vehicle play, a market will be dead in one or two decades.

Choose metal! Either SELL the palladium assets or SELL the nickel assets to unlock value and make yourselves investable again! 
Bullboard Posts