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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 Maxmoeon Jul 13, 2021 12:53am
138 Views
Post# 33534490

RE:RE:Running out of cash, need a raise so we drift lower again.

RE:RE:Running out of cash, need a raise so we drift lower again.They actually have a March year end so audited annual is due next week. Maybe 2 weeks if the financing complicates the audit.  Q1 ended June 30 is due end of august.
Maxmoe wrote: Spin from IR means squat. IR needs drill results to talk about. I'm no big fan of spin and bs pumpers but you can't shoot the messenger if there is no message. Maybe there is an update with Q2 but wouldn't expect anything until fall. Ever hear of the old trader's expression " sell in May and go away"? Well for junior exploration because of seasonal drilling schedules and drill core analysis, summer is usually quiet. Ask the company when they expect to have an update and post it. Please and thanks. 


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