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Does anyone know when the annual statements will be out? The last statement that I could find is from q3 or April 30? Also, the last financing at .15 cents per share (Oct 2013) had half warrants at at .22 cents per share with an accelerated provision that the shares trade over .30 cents per share for 10 consecutive days. Are you concerned that this may put downward pressure on the share price in the short term?
Upon further in depth analysis, these results are excellent. More to come?
Download PDF version | Read more on Sedar | Canada Strategic receives additional large-flake graphite characterization results and achieves up to 100% Purity Graphite from Samples of the La Loutre project, Quebec
Vancouver, British Columbia - March 26, 2013 - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that further to the Company's February 26th, 2013 news release, metallurgical characterization results from all three graphite composite samples representing the North, Central and South areas of the 25 km2 (square kilometer) La Loutre Property (the "Property") have now demonstrated that a large percentage of medium to jumbo size graphite flakes are present on surface in various areas of the Property and that the presence of high-purity flake graphite has also been demonstrated in multiple samples. This suggests there is good potential to obtain a high purity graphite concentrate from La Loutre across a broad spatial area and with a large percentage of coarse flake sizes. For a breakdown of these characterization and purity results, please see below. A copy of the full evaluation is available on the Company's website atwww.canadastrategicmetals.com.
Vancouver based Global Mineral Research Ltd (GMR Ltd) completed this evaluation using grab samples obtained during the summer 2012 exploration program, which confirmed the presence of a large graphite bearing structure covering an area of approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones 30-50 meters wide. Another area towards the north end of the property was also identified, covering approximately 2 kilometers by 1 kilometer within multiple parallel zones 20-50 meters wide, and which includes results of up to 18% graphite.
Together, this sampling and characterization program now provides a clear indication of the grade, size distribution and quality of the graphite located on surface at La Loutre, which combined with the results of the Company's electromagnetic survey suggests a promising potential to develop a high-purity flake graphite resource on the property over a broad area. Further metallurgical studies will be completed as necessary as the Company works to define the global tonnage and grade of the graphite material located on the property, starting with the Company's Phase 1 drill program set to commence this spring.
See table below for the details composite samples sent to the laboratory and full table of size characterization and Graphite Grade for composites #1 to #3:
La Loutre Graphite Characterization Results:
These are very good rsults. The trading today is crasy. THey have two more sets of results to come. WIth this type of volume, this stock could be a big mover.
Not to mention that with the Graphite market re hot, good results can certainly raise the profile of this play.