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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 27, 2022 8:08pm
197 Views
Post# 34637412

6-12 months from real upside movement.

6-12 months from real upside movement.The Canadian government has not made it easy to advance this REE project. The rest of the 1st world realizes the importmance of moving away from Chinese dominance in the REE mining and processing. EFR had a nice move months back when they announced the addition of REE to their uranium properties and White Pine Mesa plant. DEFN has been proving up the Wicheeda property for years and this revised PEA should bring many more eyes to the deal. The problem we have is too much stock outstanding and a $ .28 price. Big money isn't looking at juniors in a serious light.
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