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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Metals & Mining Copper
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

Cullinan Metals Corp
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Post by 7Twiggyon Sep 03, 2021 10:56am
240 Views
Post# 33809115

From Yahoo finance discussions

From Yahoo finance discussions
When you do a reverse split before posting good news, the prices drops initially and then goes up higher usually. However, when you post good news before the reverse split the price goes up and then usually takes a dive. That is what I have experienced in the past.
If I were management, I would wait for the negative impact on the price run its course before announcing the news of income from the first crop. I believe this will give the share price a better chance of going up in a meaningful until the second crop is sold.
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  • Larry
    19 hours ago
    @sebastien Lack of income for almost 5 years has been the whole problem with this stock. That is about to change shortly. Those individual investors who are dumping their stocks right now will be regretting it in the very near future! I have no doubts about this. Elise is running a very tight ship right now. She has all but eliminated the money burn rate that we have experienced with these golden rainbow pie in the sky investments we once owned.
  • sebastien
    23 hours ago
    putting my frustrations aside, I would say you are right. The price seems like it wants to park itself around 1.75$ - 1.80$..... that would be in my opinion, the absolute bottom, post split. This is not going to 0$ clearly, I would massively buy, since we have an ultra low share count now.

    So Next step is the news I've been waiting for almost 3 years: Crop sales and money coming in

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