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Canadian Manganese Company Inc CDMNF


Primary Symbol: N.CDMN

Canadian Manganese Company Inc. is a Canadian critical mineral development company. The Company is focused on supplying high-purity manganese sulfate monohydrate (HPMSM), which is a critical component of rechargeable lithium-ion batteries used in electric vehicles. The Woodstock Project is located within Carleton County, approximately five kilometers west of the town of Woodstock in west-central New Brunswick. The Woodstock Project comprises mineral claims covering approximately 58 square kilometers (km2) and encompasses the Plymouth deposit. Manganese at the Plymouth deposit predominately occurs as a manganese carbonate. In addition, the Woodstock Project hosts several historical undeveloped deposits, including the North Hartford and South Hartford deposits located less than two kilometers on strike to the north of the Plymouth deposit. Its properties also include Maximos nickel property and Mongoose Cobequid iron oxide-copper-gold (IOCG) property.


NEO:CDMN - Post by User

Post by babybunnyon Mar 02, 2022 3:20pm
347 Views
Post# 34476310

New Listing

New ListingThere are plenty of us former Minco shareholders holding spun-out shares of Canadian Manganese , Buchans, and Minco. 

Because it took so long for this first listing to happen, shareholders are impatient to cash in, and therefore selling pressure has overwhelmed buying pressure since the listing went live a few weeks ago.  

I think Canadian Manganese should pop well above the 22c range where private transactions were priced prior to the listing.  But the selling pressure needs to abate first ... and I think it will within a month or two.  In the meantime, I am happy to add to my position at current bargain prices.  
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