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Defense Metals Corp V.DEFN

Alternate Symbol(s):  DFMTF

Defense Metals Corp. is a Canada-based mineral exploration and development company. The Company is focused on the development of its 100% owned Wicheeda Project, which is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada. The Wicheeda Project consists of 12 mineral claims covering an area of approximately 8,301 hectares (20,534 acres) located 80 kilometers northeast of the city of Prince George, British Columbia, Canada. Its rare-earth elements project delivers critical metals commonly used in the defense and national security industries, and in the production of green energy technologies.


TSXV:DEFN - Post by User

Comment by Chester55on Jan 24, 2021 7:03am
150 Views
Post# 32370249

RE:Very, Very unloved, undervalued sector... !!!!!!!!!!

RE:Very, Very unloved, undervalued sector... !!!!!!!!!!
gamer007 wrote:

While it is clear to some that a new REE Bull market is underway for many reasons still haunting the sector from the last bull market........many are just starting to tune in to the notion

...the threat of CHINA being able to pull the rug out under the RRE supply chain is real.......bin there, dun that !

...the new electrification of the planet as global policy to fight climate change is now institutionalized................magnet use in all electriacl appliances is ready to go exponential........

...a rise in NEO price by 90 % in two months......signals supply squeeze.....demand surge !

...the REE sector is unprepared for this sudden shift in demand ,,,,,,,,,as the mining exploration to production cycle takes 6 to 10 years...........with environmental issues being a wall of worry !

Hence the opportunity,  DEFN........well along the curve of overcoming questionable extraction metrics both financially and enviromentally.............plus now with government support..........is ready to perform

The comparison by John Kaiser,(who I consider a very thorough mining analyst) of DEFN to a Moutanin Pass project both geologically and it's size.......at 6 billion market cap..........is noteworthy as it highlights the HUGELY undervalued thesis he is claiming.......market will soon catch on !

Geophysical overlay on DEFN shows that size can be doubled.

PEA in 60 days

The market clearly has just started to accummulate with just up a few pennies every day, hoping that the price won't run till everyone get's their fill !

These days are numbered...........just like you can't buy it a 25 cents anymore !

This is all I need to just get on board and ride the wave !

GLTA





i couldn't agree with you more!  And yes mountain pass is a good comparison and the only comparison in North America.  I bought in too!!  And will be enjoying the ride for the next three years minimum.  


I feel like this could be big, much like some Uranium JRs when Nuglear power takes off here over the next two years.  Some real good things to come.  


cheers
 

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