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Bullboard - Stock Discussion Forum Grid Metals Corp V.GRDM

Alternate Symbol(s):  MSMGF

Grid Metals Corp. is focused on both lithium and copper/nickel projects in the Bird River area, about 150 kilometers (km) northeast of Winnipeg, Manitoba. The Donner lithium project is a 75% owned property subject to a joint venture agreement. The MM copper/nickel project is a resource-stage project that is undergoing exploration and development work. All the Company’s southeastern Manitoba... see more

TSXV:GRDM - Post Discussion

Grid Metals Corp > Grid way undervalued
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Post by Mookster3 on Dec 11, 2021 7:11am

Grid way undervalued

New to this stock, but already impressed with the CEO after viewing the ‘interesting video’. The company appears way undervalued considering they will have $9mm in cash with the Lithium Royalty buy-in and the Manitoba property alone already has $4 billion in ore value identified (33 mm tonnes Cu/Ni ore plus 3.5 mm tonnes Li pegmatite ore), yet the stock is trading at the low for the year, with market cap of only $10 mm. Potential imminent catalyst could be release of the remaining 7 of 8 holes from Bannockburn Ni prospect south of Timmins. Market cap of only $10 mm this company, just seems crazy low.
 
The Mookster
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