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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 7Twiggyon Jul 26, 2021 12:59pm
126 Views
Post# 33604790

From Yahoo finance discussions

From Yahoo finance discussionsWhat is the long-term mover of a share's price? Revenue and the margins earned on it.
I see a new management with a clear plan for the business doing a couple of clean cuts here: getting rid of non-core assets, healing the B/S (still quite a way to go), and opening new doors (would you buy your dope from "Propagation Services"?).
Things are turning around.
I don't understand why so many folks here are so scared of the reverse split. If done by companies turning worse just to meet listing requirements - I know well that's happening then. But this is not the situation we are in (and, btw, Agra will need cash for developing its business, e.g. some 1.8 million sqft in Delta, it is pointless to use it for buybacks).
Lean back and watch the first competent management team in this company's history do their job.
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