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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 Aug 26, 2021 3:48pm
295 Views
Post# 33770973

From the Yahoo finance board

From the Yahoo finance boardI think what people are missing about this R/S is that it’s not like Aurora’s ACB still has 200 million shares outstanding. When you get the float to 13 million that’s super small. We can count who has what. Howelings will have 1.5 million Orher insiders don’t have much so if they buy in maybe another million. So we know where 2.5 million of the 13 are and not being sold. Then if revenues start to ramp up and we get other strong hands the float becomes tiny. I think that’s the strategy. People are giving a generic this is no good. R/s are usually not good and performed to stay on exchanges. This is different. If they stay alive it’s a great move.
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