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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Comment by Mindbender64on Sep 22, 2022 11:14pm
184 Views
Post# 34980861

RE:ACB dis-appoints and.....

RE:ACB dis-appoints and.....Goldman ....you want to know what the problem is with these companies.... They predicted that when pot was first legalized in Canada that is was a 6 BILLION dollar industry.... Yeah that turned out more than a little shy.... 30 million Canadians... what percent smoke pot or use cannabis products.... IF ten percent smoked and that is a very high number.... that would make EVERY smoker in Canada to purchace over two pounds of weed in a year.... are you kidding me..... most people that smoke pot are occasional users .... 3-4 times a week..... maybe smoke the equivelant of 3 grams a week.... so think about the numbers ....you can grow all you want ....you have to have a market for it and its just not there.... people can grow their own... 4 plants remember.... I can grow 2 pounds off of 4 plants every 5 months... and have more than I need for the rest of the year... then there is the black market.... why would anyone pay what they originally started at... 280-300 per ounce and now its 50-75... and there is so much they can hardly give it away.....thats why companies like canopy ,  aroura , are screwed... thought they were going to make a killing and now cant even compete.... there is just not enough consumers to buy the product period and thats why the pot industry is done in Canada.
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