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Cornish Metals Inc V.CUSN

Alternate Symbol(s):  SBWFF

Cornish Metals Inc. is a Canada-based mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom. The 100% owned and fully permitted South Crofty tin project is a strategic tin asset and is located in the Central Mining District of Cornwall, in the towns of Pool and Camborne, United Kingdom. The project’s underground permission area covers about 1,490 hectares (ha) and includes 26 former producing mines. The Company also has additional mineral rights in Cornwall, United Kingdom. The additional mineral rights cover an area of about 15,000 ha and are scattered throughout Cornwall and include the United Downs Project. It maintains an interest in the Nickel King Property and the Sleitat Tin-Silver Property. The Company also maintains an interest in exploration properties which are prospective for tin, tungsten and silver in Alaska and nickel in Northwest Territories, Canada.


TSXV:CUSN - Post by User

Comment by OracleOfOttawaon Mar 28, 2022 11:42am
139 Views
Post# 34552113

RE:RE:AFM news

RE:RE:AFM newsWell, they got a heck of a deal, absolutely no doubt about that but I guess money talks and at least the money is raised - a ton of it !

70 mmmmmmmillion CAD$ and we have already paid for the deflooding (nice to have some progress on that...)

HATE the dilution, but better than Osisko taking control.

And, think about it this way - we are now in the big leagues with that kind of cash. Doubt if there is a takeover coming, but we have the Cornish Lithium IPO to look forward to - if it takes a big jump on opening, so will we.

AND - I would like to think, if you are investing 70M CAD$, that you did your due diligence, and if you think this is worth investing that kind of money in, I'm glad to be long and strong.

GLTA
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