Bullboard - Stock Discussion Forum Defense Metals Corp V.DEFN

Alternate Symbol(s): DFMTF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:DEFN - Post Discussion

Defense Metals Corp > No traction until PEA, but below $ .40 hurts.

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Post by up2005 on Apr 05, 2021 12:40pm

No traction until PEA, but below $ .40 hurts.

These juniors are always a roller-coaster ride. Not that long ago $ .70 and today $ .39 and that doesn't help if they are looking for another financing soon.

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Comment by ElJ on Apr 05, 2021 6:15pm

As Up2005 states, "No traction entil PEA" and this is most likely right, but the "below $0.40 hurts" is not a longterm perspective. Defense Metals finished year 2020 at $0.25 per share, ended January 2021 at $0.38, closed the day on February 16, 2021 at $0.72 and ended February at $0.53 per share. ' For those with a longer term perspective on ...more

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Defense Metals Corp