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Bullboard - Stock Discussion Forum 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... see more

TSXV:DEFN - Post Discussion

Defense Metals Corp > Great News Release Today
View:
Post by CovieNRA on Feb 16, 2021 12:12pm

Great News Release Today

Craig Taylor and his team continue to get base hits.
The property can definitely be mineable very economically, and an extraction rate of 97.3% REE from the ore is outstanding.
This will obviously be reflected in the PEA in April.
And then . . . . . drilling begins again on the trendline to the north and northwest!!  If that drilling ups the measured and indicated resource by 30-50%, this stock is bound for the $5-$10 range within 2 years, if not sooner - which could happen with a buyout.
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