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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

Comment by babybunnyon Apr 12, 2022 2:17pm
323 Views
Post# 34597762

RE:New Listing

RE:New ListingLooks as though I was right about the selling pressure abating after a month or two.  

I think CDMN has a long way to move past 40c.  All the stars are aligned:  a strong spot commodity price, skyrocketing expectations of future demand, and a Canadian government that has made manganese mining a strategic priority.

There are still a few legacy Minco shareholders selling off, but the waning selling pressure from them is being overwhelmed by a far greater number of eager buyers.  Investors ought to get in at 35c - 40c while they still can.  This puppy has a tiny market cap for such an important company, and could easily pop much higher.  

Just my opinions, as always.
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