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Bullboard - Stock Discussion Forum 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... see more

TSX:PMET - Post Discussion

Patriot Battery Metals Inc > PMET looks like a winner
View:
Post by teevee on Jan 28, 2022 9:01pm

PMET looks like a winner

with 100m widths at 1%, tonnage will build quickly. Given the $13 million winter-summer drill program, a large resource will be defined. Assuming 50 million tons at 1%, target market caps should get to  anywhere from $400 million to over a $billion, examples being CRE, SGML and LAC.
Comment by endgamer on Jan 29, 2022 7:38am
I feel fortunate to have had the opportunity to load up at these prices. This reminds me of a canadian uranium exploration company I was invested in called Eso when the patterson lake deposit was first discovered. The market cap and share structure were very tight, similar to Pmet. The difference was the price quickly responded to the drill results, dwarfing the market cap only to be taken over ...more  
Comment by endgamer on Jan 29, 2022 10:36am
shortly after the uranium discovery made by Eso, the neighbor Nxe made a similar discovery which would be much larger than the initial discovery made by Eso. The problem for Nxe was that the share price was very slow to respond to the amazing drill results. But patience definitely paid off greatly for the patient early investors who would be greatly rewarded. So I will be patient with Pmet. Glta
Comment by chopperzombie on Jan 29, 2022 12:27pm
This one reminds me a lot like NXE. If PMET had these drilling results a year ago the sp would be around 2-3 dollar range 
Comment by teevee on Jan 29, 2022 1:27pm
in monitors report, a private group from Bahama is paying $600 million for Nemaska assets; market cap for SGML and LAC range from $900 million to over $4 billion. Lithium set to be best performing commodity 2nd year in a row. Current lithium production only 4% of projected global demand so PMET will perform very well this year, likely at least a 10 bagger for those who are patient. 
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