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Patriot Battery Metals Inc T.PMET

Alternate Symbol(s):  PMETF

Patriot Battery Metals Inc. is a Canada-based hard-rock lithium exploration company focused on advancing its district-scale 100%-owned Corvette Property (424 claims totaling 21,715 ha) located in the Eeyou Istchee James Bay region of Quebec, Canada. The Corvette Property hosts the CV5 Spodumene Pegmatite. Situated within the La Grande Greenstone Belt, the Corvette Property hosts significant mineral potential over multiple deposit types. It owns 100% of a 217 km2 Corvette Property land package, covering approximately 50 km of prospective lithium pegmatite trend. Exploration of the Property has outlined three primary mineral exploration trends, crossing dominantly east-west over large portions of the Property's principal claim group: Golden Trend (gold), Maven Trend (copper, gold, silver), and CV Trend (Li-Cs-Ta Pegmatite). It also owns JBN-57 Property (39 claims, 19.95 km2, which is located nine kms south of the Trans-Taiga Road. The Property is adjacent to Patriot's Corvette Project.


TSX:PMET - Post by User

Post by GripnRipon Feb 27, 2024 2:55pm
128 Views
Post# 35902092

usually profitable playing the PDAC hype.....

usually profitable playing the PDAC hype........and then the                          (lifted from elsewhere)

PDAC is the biggest shindig for the type of resource stocks I specialize in, so it’s a great way for me to rip through some extra due diligence on scores of them.

The companies know this too, so they tend to flood the market with press releases. Some will save up news to report it during PDAC, others will rush news to do the same. Some of this news is highly material, like a new discovery, or a new feasibility study. But plenty of it is little better than reporting a new water cooler in the office, just to get some attention. I’m here to help my readers sort the signal from the noise.

All this frenetic activity has an interesting side effect known as the PDAC Curse.

With companies getting all the news possible out during the show, there follows a quiet period, exacerbated by the wind-down of northern hemisphere winter drilling. It will be months before winter drill results are published and summer drilling starts. In this quiet period, share prices tend to slump. Hopeful gains can turn into painful losses as investors get bored and start selling. That’s why they call it the PDAC Curse.

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