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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 > Running out of cash, need a raise so we drift lower again.
View:
Post by up2005 on Jul 11, 2021 10:15pm

Running out of cash, need a raise so we drift lower again.

What a mess,  $ .235 boy does IR have their work cut out for Todd. Months back so much hype, train leaving the station, well it left the station and has headed off a cliff.
Comment by Maxmoe on Jul 13, 2021 12:41am
Spin from IR means squat. IR needs drill results to talk about. I'm no big fan of spin and bs pumpers but you can't shoot the messenger if there is no message. Maybe there is an update with Q2 but wouldn't expect anything until fall. Ever hear of the old trader's expression " sell in May and go away"? Well for junior exploration because of seasonal drilling schedules and ...more  
Comment by Maxmoe on Jul 13, 2021 12:53am
They actually have a March year end so audited annual is due next week. Maybe 2 weeks if the financing complicates the audit.  Q1 ended June 30 is due end of august.
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