Defense Metals – Updates On Mixed Rare Earth Carbonate Samples Shipped, The Road To Offtake Agreements

April 10, 2024

Defense Metals (“Defense” or the “Company”) (TSX.V:DEFN – OTCQB:DFMTF – FSE:35D) has been shipping mixed rare earth carbonate samples from its Wicheeda Project (jn BC) to potential offtake or strategic partners. This is a critical step for the Company to lock up agreements that will help advance the Project. The question I receive on a regular basis asks when investors will get an update on the feedback from the large companies receiving these samples.


Craig Taylor, CEO of Defense joins me to address that very question. We discuss how this process works and what Defense has been hearing from these potential partners. Craig outlines what these large companies are looking for. We also discuss a recent Board of Director appointee who can help with the process of finding an offtake partner. Craig then looks ahead to upcoming news including a PFS due in mid-May.


If you have any follow up questions for Craig please email me at



Click here to visit the Defense Metals website to learn more about the Company.

    Apr 10, 2024 10:16 AM

    Chris V just said his fibs calculations say gold $2600/2700 max! Really?

    All my calculations lead to $2900-$3300 on this pony

    So many different opinions out there.

    How is he getting that fib calculation?

      Apr 10, 2024 10:35 PM

      I am going with your prediction….. going a lot higher…

        Apr 10, 2024 10:59 PM

        Thank you Jerry!

        I don’t pretend to know all but really how did he get to those numbers? I know 100% many viewers are reading this and not 1 has stepped up to explain how he got to his fib count and maybe why not ask him why he is so conservative in his approach. He is up against many credible people which much more history and age then him and his numbers are very off imo. Anyhow I like v nothing personal.

        We all know there will be a massive correction at some point but we are not even close. I do think the retrace will be lower them Chris v call and Matthew’s call of 2200 give or take. I believe Matthew mentioned that on a previous post. I will go on record and say the correction will tag $2100 easily but from a much higher number then we are today!


        Hope my post brings out the clan including wolf, ex, Jerry, Chris, Dan, all the boys

        Very curious how much megs you think this pre bust has?


          Apr 10, 2024 10:57 PM

          Hi there Glenfidish. Just now reading this, but I don’t know what the 2 points Chris V. is using to generate those Fibonacci extension targets (what peak to what trough?), so who knows. I’ve not seen the interview, but does he share a chart and which levels he is using to apply the Fib levels to them?

          >> As with many things in charting, it depends on what points one is using for starting & ending.

          Thanks for sharing your technical outlook with us Glenfidish. If you want a more bullish take, then come over to check out Jordan’s latest interview with us, just posted this afternoon. He just made a bold call that despite some corrections along the way, he could see gold moving up to over $5,000 by late 2026. He’s not one to make those kinds of higher calls without a solid technical reason either.


            Apr 11, 2024 11:08 AM

            Thank you ex! Always appreciate your feedback. I will definitely listen to Jordan and I’m in line with his call give or take on the timeline. Timeline is amongst the most difficult to predict.

          Apr 10, 2024 10:02 PM

          Perhaps Chris V took the entire 1999 to 2011 move of 1670.50 and multiplied it by 1.618 since that equals 2702.87. At least longer term, he would’ve probably been better off using 3.236 instead of 1.618.

            Apr 11, 2024 11:36 AM

            Matthew thanks for your response. Very interesting what you say.

    Apr 10, 2024 10:45 PM

    A lot depends on who becomes out next president, legitimate or not—

    Apr 11, 2024 11:50 PM

    sorry Glen…. posted this in another section….
    OOTB Jerry
    12 hours ago
    US Treasury bonds do not have foreign buyers anymore.
    The Fake Fed…. is not going to decrease interest rates, they need to attract buyers with
    higher rates for sell the Treasury Bonds.
    There are about $1Trillion bonds coming due each month., who buys the bonds.


      Apr 12, 2024 12:31 AM

      oops……….Friday….. did go higher.. $2400.. 2395…. 🙂

    Apr 11, 2024 11:19 PM

    oops………..Gold up Thursday…. $2371……………..
    CHeck zerohedge on the 30 bonds…info….