Done some digging into Global Energy Metals Corp and the company has been in the Cobalt space for approx 10years which is how and why they locked up some of the best leases in Nth America.
Whats also intriguing about GEMC is they have no ambition to mine but are focused on distribution channels into China and have formed exceptional relationships with End Users and battery manufactures.
Theyre middle men and part of the supply chain from primary to end users .
Werner Lake looks exceptionally nice with the lease being one of only a few mines in Nth America that can be sustained as a stand alone cobalt operation that is under explored and has considerable upside
“Back in 2010, the company uncovered an an attractive drill target known as the Eastern extension, located about 800 metres east of the known Werner Lake deposit.
According to the company's statement, areas to the east, west, and down-dip at the property remain open for expansion.”
MQR have got the jackpot here
Lets get drilling
This have the potential to be a $5+ stock IMO
MQR Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
