$MSMGF August Investor Deck Update is out and even the company is pounding the table about how undervalued they are... https://gridmetalscorp.com/site/assets/files/5488/2026_08_06_grid_metals_corp__presentation.pdf
$MSMGF 🧵 We took every cesium drill hole Grid Metals (TSXV:GRDM) has publicly released at its Falcon West project in SE Manitoba — the 2024 maiden program plus Phase 1 and Phase 2 — and built an independent, first-pass 3D wireframe / volumetric model of the Lucy South cesium (pollucite) zone.
It's not an NI 43-101 estimate — think of it as a transparent sanity-check ahead of the maiden SGS resource due this fall. Here's what the drilling adds up to. 👇
$MSMGF $GRDM.V Just putting today’s valuation into perspective.
Grid’s market cap is still only around C$30M despite Falcon West advancing to a maiden NI 43-101 resource estimate this fall.
Based on the publicly available drilling, many investors (myself included) estimate the initial MRE could be around 300,000+ tonnes grading ~2.4% Cs₂O, or roughly 7,000 tonnes of contained Cs₂O.
Important: That is my estimate based on the drilling, NOT the official NI 43-101 resource. We’ll get the actual number from SGS this fall.
For perspective only:
• ~7,000 tonnes = 7,000,000 kg
• At a referenced cesium price of US$220/kg, that’s approximately US$1.54 billion of contained in-situ value.
No, that does NOT mean the project is worth US$1.54B. Recoveries, mining costs, processing, permitting, royalties, taxes and capital costs all matter.
$MSMGF $GRDM.V My point is different…
The market is currently valuing the entire company at roughly $22M/, while Falcon West has already attracted Avenir as a JV partner, Grid retains 85% ownership, and the official maiden resource is still ahead.
Even more interesting, this estimate is based only on the currently drilled mineralization. The broader Falcon West pegmatite trend remains open, and additional drilling could expand the resource beyond the initial MRE.
That’s why I believe today’s milestone is much bigger than the market is recognizing.
Not investment advice. Do your own due diligence.
2/2
$MSMGF final assays are out with some solid intercepts, submission for the resource estimate and “Exploration potential in the project area remains high with a number of occurrences of spodumene and pollucite mineralization noted in the immediate project area of >1 km by ~250 metres. Of note is a large gap in historical drilling between the Artdon LCT pegmatite occurrence in the west and the Lucy South and Lucy North pegmatites in the east. This 800-metre-wide gap remains a high priority target for the next phase of drilling at the Property.”
https://www.accessnewswire.com/newsroom/en/metals-and-mining/grid-metals-commissions-mineral-resource-estimate-for-falcon-west-announces-final-1202285
$MSMGF Final drill results are out and they are confident they have enough resources that they have already started work on the MRE... ; ) https://www.accessnewswire.com/newsroom/en/metals-and-mining/grid-metals-commissions-mineral-resource-estimate-for-falcon-west-announces-final-1202285
$MSMGF A few takeaways:
The Lucy, ArtDon, Deer, Molly and Bendum pegmatites were all recognized decades ago as part of a fertile rare-element pegmatite district.
Back then, the focus was almost entirely on lithium, spodumene, tantalum and beryl—not cesium.
Today, Grid has shown that Lucy South hosts significant pollucite, meaning the system appears more evolved than many historical explorers appreciated.
The real question isn’t whether the district contains pegmatites, we’ve known that since the 1980s. The question is: how many of those pegmatites evolved enough to concentrate economic cesium?
To me, that’s the exciting part, and think that is what Avenir is inferring. If Lucy South isn’t unique and additional evolved pegmatites are identified in the upcoming drill programs along the Deer–ArtDon–Lucy trend, Falcon West starts looking less like a single deposit and more like a potential cesium district.
$MSMGF Some good information about the historical records in the region, pages 7-15 talk about the immediate area around the Falcon West project. If you haven't read this old report, it's an interesting read about Manitoba. https://www.gov.mb.ca/iem/info/libmin/ER84-1.pdf
$MSMGF https://investornews.com/critical-minerals-rare-earths/grid-metals-robin-dunbar-and-brandon-smith-on-cesium-and-the-avenir-joint-venture-at-falcon-west/ Management is starting to ramp up educating the market participants...
