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Defense Metals Corp V.DEFN

Alternate Symbol(s):  DFMTF

Defense Metals Corp. is a Canada-based mineral exploration and development company. The Company is focused on the development of its 100% owned Wicheeda Project, which is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada. The Wicheeda Project consists of 12 mineral claims covering an area of approximately 8,301 hectares (20,534 acres) located 80 kilometers northeast of the city of Prince George, British Columbia, Canada. Its rare-earth elements project delivers critical metals commonly used in the defense and national security industries, and in the production of green energy technologies.


TSXV:DEFN - Post by User

Comment by Maxmoeon Apr 05, 2022 3:29am
92 Views
Post# 34575597

RE:Not sure what will move us …

RE:Not sure what will move us …Maybe you didn't notice the massive 100% dilution from issuing 80 million shares at zero? So the stock price hasn't moved much but the market cap if the company has doubled. That's a fantastic move. If you were one of the spectrum owners who received those 80 million shares. LOL. Who knows, maybe they will drill their way out of this crater.
up2005 wrote: Coming up from lows of end of February, $ .24 with a push to $ .36 in early March then a back slide to $ .26 and to $ .29. Stalled and not heading to the recently forecasted $ .90 by their paid analyst. We are in the right market segment, the REE market is firming up as is Lithium, Graphene, Colbalt, Copper, etc... I they want the next wave of warrants to be exercised before end of April the sp needs to move back into the mid $ .30's IMO. 


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