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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 7Twiggyon Mar 24, 2021 12:38pm
192 Views
Post# 32866910

RE:Where are all these cheap shares coming from

RE:Where are all these cheap shares coming from.04 in Canada.  Who knows?  The CFO holds 44.5 indirectly and Boddy 6 million according to 
TD Waterhouse.  The other Directors own dribs and drabs. Most of their deals involved giving hugh chunks of shares instead of cash.  Think they gave ton to Propegration services for Delta. Propegration then gave 400.000,000 to their shareholders as a dividend.  Too many times to count  they paid for services rendered in shares. Selling could be coming from any of these areas.
Must be some kind of arrangement to keep the price at .04 Canadian and allow the shares to trade in small chunks so as not to depress the price.  While there are a lot of shares being sold, suprisingly it seems for every .04 share that comes up in the last number of days there is a buyer.
There is a lot of positive buss on a number of bullboards including Yahoo Finance and Stocktwits.If you go back and read all the old news releases you can see all the high hopes and promises that
never got off the ground.  Think we are starting a new foundation.  Hopefully a new management team can get this to fly.
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