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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

Post by up2005on Apr 06, 2022 1:36pm
154 Views
Post# 34581259

Listened to Moreno’s comments …

Listened to Moreno’s comments …World wide product 280,000 and Russia produces 3,000 so really not much of a player. Now we look at EFR and how that company has grown this past 2 years with Uranium, and REE resources, their White Pine mill, they EFR are a true going concern. We are diluting long term shareholder value with this latest 80M shares issued. Sure we are doing more drilling and trying to grow the resource. Who is going to process the REE that we pull out of the ground and when. Can't break through the $ .32 range. Thought we would be much further along by this time.
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