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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 up2005on Feb 22, 2023 12:26pm
133 Views
Post# 35298585

RE:Waiting game

RE:Waiting gameTalk to Todd, this was never going to be a quick pop and ride to the moon. DEFN is in a sector many investors have not researched. The REE marketplace has had the spotlight shone on it due to the 80%+ Chinese control of a very important mining sector. The company has plodded along, proving up the ground and then the floatation and mineral extraction process. This pilot plant is another stage we have to go through to enter a PEA. If and when they prove up the project we will be at a much higher level. We could move to $ 1.50-.2.00 with positive news. The true value of this company is 50X todays price. But it will take time.
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